PUBLIC NOTICE NO. 36(RE-2000) /1997-2002 dated 4.9.2001
Subject: Export and Import Policy April, 1997 – March 2002 – Policy relating to import of CKD/SKD kits/components by Joint Venture Car Manufacturer companies under MOU to be signed with the Government of India.
In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy 1997-2002, as notified in the Gazette of India extraordinary, Part-II Section 3, sub Section (ii) vide S.O. No. 283(E) dated 31.3.1997, the Director General of Foreign Trade hereby makes the following change on the above subject:-
In view of removal of Quantitative Restrictions (QR’s) on import of CKD/SKD kits/components w.e.f. 1/4/2001, Public Notice No. 60 dated 12/12/1997 stands withdrawn. However, export obligation incurred by the MOU signatories in respect of imports made upto 31/3/2001 shall be fulfilled by them within the stipulated period unless extended by the Government for good and sufficient reasons.
This issues in the Public interest .
(N.L. LAKHANPAL)
DIRECTOR GENERAL OF FOREIGN TRADE