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HIGHLIGHTS OF INDIA'S NEW EXIM POLICY.

AsiaPulse News

| April 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, April 1 Asia Pulse - Following are the highlights of Exim Policy released Monday:

* Duty free import for services with forex earnings of at least Rs 1 million.

* Corporates encouraged to sponsor agri-export zones.

* DEPB rate for agro products, factor in input costs like fertiliser.

* Duty-free import entitlement for status holders having incremental growth of more than 25 per cent.

* Annual advance licence facility for status holders.

* Input-output norms for status holders within 60 days.

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