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Amendment in Para 3.24 (j) of Chapter-3 of FTP 2015-2020, DGFT Notification No 09/ 2015-2020, 04-06-2015



Date: 04-06-2015
Notification No: DGFT Notification No 09/ 2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: File No. 01/61/180/59/AM16/PC-3
Subject: Amendment in Para 3.24 (j) of Chapter-3 of FTP 2015-2020

Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan, New Delhi

Notification No: 09/2015-2020

New Delhi, the 4th June 2015

Subject: Amendment in Para 3.24 (j) of Chapter-3 of FTP 2015-2020

S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendments in the Foreign Trade Policy (FTP) 2015-2020 with immediate effect:

Amendment in Para 3.24 (j) of Chapter 3 of FTP 2015-2020

Amended Para 3.24 (j) of Chapter-3 of FTP 2015-2020 shall read as under:

“3.24 Privileges of Status Holders :

(j) “Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs. 10 lakh or 2% of average annual export realisation during preceding three licensing years, whichever is lower”.

Effect of this Notification: Entitlement of Status Holders to export freely exportable items on free of cost basis has been limited with immediate effect.

(Pravir Kumar )
Director General of Foreign Trade
E-mail: dgft@nic.in
( Issued from File No. 01/61/180/59/AM16/PC-3)

       

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