Export to Iran under Para 2.35 (b) of Foreign Trade Policy, 2009-2014.

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..... n No 79 (RE 2013)/2009-2014 New Delhi, Dated: 30 April, 2014 Subject: Export to Iran under Para 2.35 (b) of Foreign Trade Policy, 2009-2014. S.O. (E): In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014 , as amended from time to time, the Central Governm .....

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..... es also, subject to at least 15% value addition. 3. The para 2.35(b) of FTP is modified further to read as under: (I) Exports of such goods imported against payment in freely convertible currency would be permitted against payment in freely convertible currency except to countries as notified by DGFT from time to time. Export of such goods would be permitted against payment in Indian R .....

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..... (iv) Exports under this dispensation shall not be eligible for any export incentives. 4. Effect of this Notification: Re-export of food, medicine and medical equipments to Iran will not be subject to any value addition requirement. Goods imported against freely convertible currencies and re-exported to Iran against rupee payment shall not be eligible for any export Incentive. (Pravir Ku .....

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