DGFT NOTIFICATION No. 21 (RE-2008)/ 2004-2009 dated
01.07.2008
Five year block period for calculation of NFE earnings may be suitably extended
by BoA - 6.5 (NFE)
S.O (E) – In exercise of powers conferred by Section 5 of the
Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with
Para 1.3 of the Foreign Trade Policy, 2004-2009 (as amended from time to time),
the Central Government hereby makes the following amendment in Foreign Trade
Policy:
The following stands added at the end of paragraph 6.5:-
“Whenever a unit is unable to export due to prohibition/ restriction imposed on
export of any product mentioned in LoP, the five year block period for
calculation of NFE earnings may be suitably extended by BoA.”
This issues in Public Interest.Sd/-
(R.S. GUJRAL)
DIRECTOR GENERAL OF FOREIGN TRADE
Issued from File No. 01/92/180/45/AM 09/PC VI)
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