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HB Vol.1 Amended

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..... .97, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures (Vol.1) (RE-98), 1997-2002: The following may be added at the end of paragraph 7.38 1. In cases where the application for grant of DEPB credit is filed after realisation of export proceeds, the FOB value in free foreign exchange shall be converted into Indian rupees as per authorised deale .....

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..... ssuance of Advance licence where norms are fixed, as applied for by the applicant subject to the condition that input output ratio shall be finalised by SALC within six months from the date of receipt of application. The applicant shall give an undertaking that he shall abide by the norms fixed by SALC and accordingly pay duty together with 24% interest on the unutilised inputs as per norms fixed .....

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..... as follows: "The Licensing Authority may also issue Advance licences with actual user non transferable condition to eligible exporters in terms of paragraph 7.4 of the Policy, where Standard Input Output Norms are not fixed, based on self declaration and undertaking by the applicant subject to final adjustment as per norms fixed by SALC as stipulated in paragraph 7.7". 6. The first paragraph .....

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..... may also import free of duty all types of goods, for creating Central facility for use by the software development, data entry and conversion, data processing, data analysis and control or data management units in the Complex. Software Technology Park units shall also be permitted to import goods on loan from clients for specified periods for executing specified projects. Explanation:- 1. " .....

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