6.5
- Document type
- Policy
- Dated
Net Foreign Exchange Earnings (NFE)
Net Foreign Exchange Earnings (NFE)
6.5
EOU / EHTP / BTP / STP unit shall be a positive net foreign exchange earner except for sector specific provision of Appendix 14-I-C of Handbook, where a higher value addition shall be required. NFE Earnings shall be calculated cumulatively in blocks of five years, starting from commencement of production. Whenever a unit is unable to export due to prohibition/ restriction imposed on export of any product mentioned in LoP, the five year block period for calculation of NFE earnings may be suitably extended by BoA.
(Above last sentence has been added vide NTF. NO. 21/2008, 01/07/2008)
6.5
EOU / EHTP / BTP / STP unit shall be a positive net foreign exchange earner except for sector specific provision of Appendix 14-I-C of Handbook, where a higher value addition shall be required. NFE Earnings shall be calculated cumulatively in blocks of five years, starting from commencement of production. Whenever a unit is unable to export due to prohibition/ restriction imposed on export of any product mentioned in LoP, the five year block period for calculation of NFE earnings may be suitably extended by BoA.
(Above last sentence has been added vide NTF. NO. 21/2008, 01/07/2008)