9.29
- Document type
- Policy
- Dated
- Category
- Exim Policy (upto 31/03/2001)
Net Foreign Exchange as a Percentage of Exports (NFEP)
Net Foreign Exchange Earning as a Percentage of Export (NFEP) and monitoring of performance
9.29
Net Foreign Exchange earning as a percentage of exports (NFEP) shall be calculated cumulatively for a period of five years from the commencement of commercial production according to the formula given in the Handbook (Vol-I).
The performance of EOU/EPZ/SEZ units will be monitored as per the guidelines given in Appendix-16 (E) of Handbook (Vol-I).
(Above para has been amended vide Ntf. No. 39(RE-00)/1997-2002, dt. 19-10-2000)