| Date: |
12-06-2006
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| Notification No: |
DGFT Notification No 08/2006
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Amendments in the Target Plus Scheme, for the exports effected during 01/04/2005 to 31/3/2006, of the FTP 2004-2009
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S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 and paragraph 3.7.8 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Target Plus Scheme, for the exports effected during 01.04.2005 to 31.3.2006, of the Foreign Trade Policy (RE2005), 2004-2009, as amended from time to time:
1. The first sentence of the Para 3.7.3 is replaced as under:
"The entitlement under this scheme would be contingent on the minimum percentage incremental growth of 20% in FOB value of exports in the current licensing year over the previous licensing year, and the rate of entitlement shall be 5% of the incremental growth."
2. Consequently the table below the first sentence stands deleted.
This will take effect for exports from 01.04.2005.
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 File No. 01/94/180/172/AM06/PC.I)
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