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In exercise of powers conferred by Section – 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with paragraph 1.3 of Export and Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2000), the Central Government hereby makes following amendment in the Export and Import Policy1997-2002 (incorporating amendments made upto 31.03.2000):-

• Paragraph 4.23 shall be amended to read as under :
  "Third party exports", as defined in Paragraph 3.54, shall be allowed under the Policy.
• The following shall be added at the end of the Paragraph 7.4 (i)-

However, DFRC shall not be issued in respect of SIONs which are subject to "actual user" condition in the Hand book of Procedures (Vol-II).

3. The following shall be added at the end of the Paragraph 9.29:
The performance of EOU/EPZ/SEZ units will be monitored as per the guidelines given in Appendix-16(E) of Handbook (Vol-1).

The following shall be added at the end of paragraph 9.40:
The committee will also see that the wastage/manufacturing loss on gold/silver/platinum jewellery and articles are within the overall percentage prescribed in paragraph 8.28 of Handbook (Vol.1). In case of higher wastage/manufacturing loss, the Committee should satisfy itself of the reasonableness of the same.

This issues in Public Interest.