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Export of Imported Goods: Goods imported may be exported in the same or substantially the same form, without a licence provided they are not under the Negative Lists. Export of such goods imported against payment in freely convertible currency would be permitted against payment in freely convertible currency. However, if such goods are exported against payment in Indian Rupees, they shall be subject to a minimum value addition of 100%. This can be done provided the item to be exported is not in the Negative Lists.
Goods including those in the Negative Lists may be imported for export in freely convertible currency without a licence subject to the following conditions:
i. There is a minimum value addition of 10%
ii. The goods shall be imported under customs bond
iii. Import and subsequent export of the goods shall be made from the same customs bonded premises; and
iv. Such goods shall not be taken outside the customs bonded premises.
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Administration of the Act : The exchange control policy is determined in India by the Ministry of Finance Government of India on the basis of The Foreign Exchange Regulation Act,
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Responsibilities of the Insured : It is the duty of the insured or his agents, in all cases, to take such measures as may be reasonable to avert or minimise a loss. Further,
Prescribed Manner : The manners in which the export proceeds are to be realised include: i) Payment should be received through an authorised dealer except in cases where genera
What are the advantages of using projective techniques in comparison to focus groups and in-depth interviews?
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