Para 2.32
- Document type
- Policy
- Reference no.
- 32
- Dated
Export of Gifts
2.32
Goods, including edible items, of value not exceeding Rs.5,00,000/- in a licensing year, may be exported as gift. However, items mentioned as restricted for exports in ITC(HS) shall not be exported as gift, without a licence/certificate/permission.
(Para 2.32 has been amended vide NTF. No. 28/2003, DT. 28/01/2004)
[OLD -
Goods, including edible items, of value not exceeding Rs.1,00,000/- in a licensing year, may be exported as a gift. However, items mentioned as restricted for exports in ITC(HS) shall not be exported as a gift, without a licence/certificate/permission, except in the case of edible items. ]
Goods, including edible items, of value not exceeding Rs.5,00,000/- in a licensing year, may be exported as gift. However, items mentioned as restricted for exports in ITC(HS) shall not be exported as gift, without a licence/certificate/permission.
(Para 2.32 has been amended vide NTF. No. 28/2003, DT. 28/01/2004)
[OLD -
Goods, including edible items, of value not exceeding Rs.1,00,000/- in a licensing year, may be exported as a gift. However, items mentioned as restricted for exports in ITC(HS) shall not be exported as a gift, without a licence/certificate/permission, except in the case of edible items. ]