DGFT PUBLIC NOTICE NO. 35/2004-2009  dated 23.12.2004
Amendments related to Gold Loan

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures ( Vol. I ):-

1. The first sentence of sub-para 6.5.3 stands amended as under:-
            “ The exporter shall have the flexibility to fix the price and repay the gold loan within 180 days from the date of export.”

2. The first sentence of sub-para 7.9.5 stands amended as under:-

            “ The exporter shall have the flexibility to fix the price and repay the gold loan within 180 days from the date of export”.

This issues in Public interest.

Sd/-
( K. T. Chacko )
Director General of Foreign Trade

( F.No.01/92/180/34/AM05/PC.II )