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9.29 Net Foreign Exchange Earnings as a Percentage of exports (NFEP). Net Foreign Exchange Earning as a percentage of export (NFEP) shall be calculated annually and cumulatively for a period of five years from the commencement of commercial production according to the following formula:
NFEP = A-B where B NFEP is Net Foreign Exchange Earning as a percentage of exports, A is the FOB value of exports by the EOU/EPZ/EHTP unit; and B is the sum total of the CIF value of all imported inputs, the CIF value of all imported capital goods, and the value of all payments made in foreign exchange by way of commission, royalty, fees, dividends interest on external borrowings during the first five years period or any other charges. Inputs mean raw materials, intermediates, components, consumables, parts and packing materials.