Page 86 - ELT_1st June 2020_VOL 372_Part 5th

E58 EXCISE LAW TIMES [ Vol. 372

RBI (in case of agencies).
banks) and However, import of Sil-
DGFT (for other ver under Advance Au-
agencies) thorisation and supply
of silver directly by for-
eign buyers to exporters
under Para 4.45 of FTP
against export orders
are exempted.
7106 92 10 Sheets, Restricted Import is al- Import is allowed only
plates, lowed only through nominated
strips, through nomi- agencies as notified by
tubes and nated agencies RBI (in case of banks)
pipes as notified by and DGFT (for other
RBI (in case of agencies).
banks) and However, import of Sil-
DGFT (for other ver under Advance Au-
agencies) thorisation and supply
of silver directly by for-
eign buyers to exporters
under Para 4.45 of FTP
against export orders
are exempted.
7106 92 90 Other Restricted Import is al- Import is allowed only
lowed only through nominated
through nomi- agencies as notified by
nated agencies RBI (in case of banks)
as notified by and DGFT (for other
RBI (in case of agencies).
banks) and However, import of Sil-
DGFT (for other ver under Advance Au-
agencies) thorisation and supply
of silver directly by for-
eign buyers to exporters
under Para 4.45 of FTP
against export orders
are exempted.

Effect of the Notification : Import of Silver under Advance Authorisa-
tion and supply of silver directly by foreign buyers to exporters under Para 4.45
of FTP against export orders are exempted.
This issues with the approval of Minister of Commerce & Industry.
[M.C. & I. (D.C.) Notification No. 5/2015-20, dated 13-5-2020]

EXCISE LAW TIMES  1st June 2020  86