S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 1.1, 2.1 and 2.4 of the Export and Import Policy, 2002-2007, the Central Government hereby makes the following amendments in the Notification No.3 dated March,2003 with respect to conditions applicable to export of Niger Seeds:-
The last sentence of the Paragraph 17 of aforesaid Notification dealing with STEs other than TRIFED may be amended to read as follows:-
“Where STEs other than TRIFED are authorised to export directly, their fee stands reduced from the existing rate of 5% to 2.5% of the invoice value of export of consignment.”
2. This issues in Public interest.
( L. MANSINGH )
DIRECTOR GENERAL OF FOREIGN TRADE
Copy to all concerned;
By orders etc.