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VALUE ADDITION NORMS FOR EXPORTS FOR WHICH PAYMENTS ARE NOT IN FREELY CONVERTIBLE CURRENCY

Appendix -4C - Procedure - Appendix - DGFT - Appendix -4C - APPENDIX- 4C 1. The trade with all erstwhile Rupee Payment Area (RPA) countries has since been switched over to payment in freely convertible currency except (i) for exports from India again .....

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ainst India's repayment of State credits granted by the former USSR. 2. The following value addition norms shall be applicable for exports to erstwhile Rupee Payment Area countries:- (a) For the trade taking place in freely convertible Currency, .....

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e of value addition indicated in the Handbook of Procedures, whichever is higher. (c) For exports to the Russian Federation against India's repayments of State credits granted by the former USSR, the value addition norms shall be 33% or the perce .....

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nvolving duty free imports under the Duty Exemption/ Remission Scheme shall be 33% or the percentage of value addition indicated in the Hand Book of Procedures, whichever is higher . 3. In respect of the exports indicated at sub-paragraphs (b),(c) an .....

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