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Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan, New Delhi
Notification No: 28 12015-2020
New Delhi, the 27 August, 2018
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 2015-2020 with
immediate effect:
2. Existing Para 3.24(j) of the FTP 2015-20
Status holders shall be entitled to export freely exportable items (excluding Gems
and Jewellery, Articles of Gold and precious metals) on free of cost basis for export
promotion subject to an annual limit of Rupees One Crore or 2% of average annual export
realization during preceding three licensing years, whichever is lower. for export of pharma
products by pharmaceutical companies, the annual limit would be 2% of the average annual
export realisation during preceding three licensing years. In case of supplies of
pharmaceutical products, vaccines and lifesaving drugs to health programmes of
international agencies such as UN, WHO-PAHO and Government health programmes, the
annual limit shall be upto 8% of the average annual export realisation during preceding three
licensing years. Such free of cost supplies shall not be entitled to Duty Drawback or any
other export incentive under any export promotion scheme.
3. Amended Para 3.24(j) of the FTP 2015-20
Status holders shall be entitled to export freely exportable items (excluding Gems
and Jewellery, Articles of Gold and precious metals) on free of cost basis for export
promotion subject to an annual limit as below:
a. Annual limit of 2% of average annual export realization during preceding three
licensing years for all exporters (excl uding the exporters of following sectors-(1) Gems and
Jewellery Sector, (2) Articles of Gold and precious metals sector) .
b. Annual limit of Rupees One Crore or 2% of average annual export realization
during preceding three licensing years, whichever is lower. (for exporters of the
following sectors-(1) Gems and Jewellery Sector, (2) Articles of Gold and precious metals
sector). . lv
c. In case of supplies of pharmaceutical products, vaccines and lifesaving drugs to
health programmes of international agencies such as UN, WHO-PAHO and Government
health programmes, the annual limit shall be upto 8% of the average annual export
realisation during preceding three licensing years.
The free of cost supplies made under provisions of Para 3.240) shall not be entitled
to Duty Drawback or' any other export incentive under any export promotion scheme.
Effect of this otification: The limit of Rs One Crore per year for exports on free of cost exports
basis for export promotion for Status Holders is removed and is made 2% of average annual export
realization during preceding three licensing years with immediate effect.
[Issued from File No. Ol/611180/59IAM16/PC-3]
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
Email: [email protected]
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