Saturday, October 14, 2006

DETAILS OF FOREIGN BUYERS IN SHIPPING BILLS NOT NEEDED.

Exporters need not henceforth divulge details of the foreign buyers in the shipping bills submitted to the Government for claiming benefits under various export promotion schemes. The Government has now allowed exporters to keep back such details by defacing the name and address of the foreign buyers in the shipping bills. This move is aimed eat preventing leakage of confidential business information, according to a circular issued by the Directorate General of Foreign Trade (DGFT).

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