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DGFT Notification No-07/2005 dated 04.06.2005
FOB value of exports during the licensing year 2004-05 does not fall below the
FOB value of exports in the previous licensing year
S.O.(E) In exercise of powers conferred by
Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with
paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended, the Central
Government hereby makes the following amendments in the Foreign Trade Policy,
2004-2009 (issued on 01.09.2004):
1. In Para 3.7.2, the following shall be inserted as proviso, namely:
“However, it shall be necessary that the FOB value of exports (including the
exports under Para 3.7.5 below) during the licensing year 2004-05 does not fall
below the FOB value of exports (including the exports under Para 3.7.5 below) in
the previous licensing year.”
This issues in Public interest.
Sd/-
(K. T. CHACKO)
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India
(Issued from F. No. 1/94/180/Public Notice/AM04/PC.IV)