| Date: |
10-01-2020
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| Notification No: |
Notification No. 42/2015-20
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Amendment in Para 6.01(k) of Foreign Trade Policy 2015-20
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|
Government of India
Ministry of Commerce and Industry
Department of
Commerce
Directorate General of Foreign Trade
Udyog Bhavan
*******
Notification No. 42/2015-20
New Delhi, dated the 10th January, 2020
Subject: Amendment in Para 6.01(k) of Foreign Trade Policy 2015-20
S.O(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read
with Paragraph 2.01 of the Foreign Trade Policy, 2015-20, as amended from time
to time, the Central Government hereby makes the following amendments in para
6.01(k) of Chapter 6 of Foreign Trade Policy 2015-20:
| Existing policy provision |
Amended policy provision |
BOA may allow, on a case to case basis,
requests of EOU / EHTP /
STP/ BTP units in
sectors other than Gems & Jewellery, for
consolidation of goods related to
manufactured articles and
export thereof
along with manufactured article. Such goods
may
be allowed to be imported / procured
from DTA by EOU with or
with out payment of
duty and/or taxes as provided at Para 6.01(d)
(ii)and(iii) above, as the case may be to the
extent of 5% FOB
value of such manufactured
articles exported by the unit in
preceding
financial year. Details of procured /imported
goods and articles manufactured by the EOU
will be listed
separately in the export
documents. In such cases, value of
procured /
imported goods will not be taken into account
for
calculation of NFE and DTA sale
entitlement. Such procured /imported
goods
shall not be allowed to be sold in DTA. BOA
may also
specify any other conditions. |
Development Commissioner / Designated
Officer may allow, on
a case to case basis,
requests of EOU / EHTP / STP/ BTP units
in
sectors other than Gems & Jewellery, for
consolidation
of goods related to
manufactured articles and export thereof
along with. manufactured article. Such goods
may be allowed to
be imported / procured
from DTA by EOU with or without payment
of
duty and/or taxes as provided at Para 6.01(d)
(ii)and(iii)
above, as the case may be to the
extent of 5% FOB value of such
manufactured
articles exported by the unit in preceding
financial
year. Details of procured / imported
goods and articles manufactured
by the EOU
will be listed separately in the export
documents. In
such cases, value of
procured/imported goods will not be taken into
account for calculation of NFE and DTA sale
entitlement.
Such procured /imported goods
shall not be allowed to be sold in
DTA.
Development Commissioner
/Designated Officer may also
specify any other conditions. |
Effect of Notification: Authority of approving proposals for consolidation of
goods related to manufactured articles has been delegated to Development
Commissioner/Designated Officer concerned.
[Amit Yadav]
Director General of Foreign Trade
Officer Additional
Secretary, Government of India
Email: [email protected]
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