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Amendment in Para 5.01(g) of FTP 2015-2020, DGFT Notification No. 35/2015-2020, 29-01-2016



Date: 29-01-2016
Notification No: DGFT Notification No. 35/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: File No. 18/62/AM-16/PC-5)
Subject: Amendment in Para 5.01(g) of FTP 2015-2020

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade

Notification No. 35/2015-2020

New Delhi, Dated the 29th January, 2016

Subject: Amendment in Para 5.01(g) 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, as amended, 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 5.01 (g) of FTP 2015-2020

  1. Amended Para 5.01 (g) of FTP 2015-2020 shall read as under:

    “(g) Authorization under EPCG Scheme shall not be issued for import of any Capital Goods for generation/transmission of power (including Captive plants and Power Generator Sets of any kind) for:”

  2. Amended Para 5.01 (g) (iii) of FTP 2015-2020 shall read as under:

    “(iii) Supply of power (energy) in their own unit, and”

Effect of this Notification: Import of Capital Goods is not permitted under EPCG Scheme for generation/transmission of power. It further clarifies the provision.

(Anup Wadhawan )
Director General of Foreign Trade
E-mail: dgft@nic.in

( Issued from File No.18/62/AM-16/PC-5)

       

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