Marble Licences only for Marble Gang Saw Machines in the Name of Applicant – No Lease Holders Please

[DGFT Notification No. 16 dated 23^rd October 2009]

Sub: Amendment in Policy for Issue of Import Licences for Rough Marble Blocks/Slabs, w.e.f. 1st October, 2009

In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-14, the Central Government hereby makes the following amendments in Schedule-I (Imports) to the ITC (HS) Classifications of Export and Import Items:

1. Sl. No. 2.(C) I(a) of the DGFT Notification No. 15 dated 15.10.2009, shall be substituted as under:-

(a) “Units who have installed marble gang saw machine (except 100% EOUs and units in SEZ). However, the marble gang saw machine shall be in the name of the applicant only. No gang saw on Lease Basis shall be considered for the purpose of allocation of import entitlement.

The Units should have been in operation for 5 years prior to 1st April of the current licensing year.”

This issues in public interest.