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Date: 07-06-2018
Notification No: DGFT Notification No.10/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: [Issued from File No. 01/92/180/100/AM16/PC-VI]
Subject: Amendments in para 6.08 (b) of Foreign Trade Policy 2015-20.

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

Notification No: 10/2015-2020

New Delhi, the 07th June, 2018

Subject: Amendments in para 6.08(b) of Foreign Trade Policy 2015-20 -regd.

S.O(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes following amendments in Foreign Trade Policy 2015-20:

1. Existing Para 6.08(b) reads as under:
For services, including software units, sale in DTA in any mod    e, including on line data communication, shall also be permissible up to 50% of FOB value of exports and lor 50% of foreign exchange earned, where payment of such services is received in foreign exchange.

2. Para 6.08(b) is amended to read as under:

For services, including software units, sale in DTA in any mode, including on line data communication, shall also be permissible up to 50% of FOB value of exports and lor 50% of foreign exchange earned, where payment of such services is received in foreign exchange. However, sale in OTA in respect of services classified under Chapter Heading 9988 and 9989 under GST, but covered in LOP/para 9.31 of FTP as manufacturing of goods, will continue to be covered under para 6.08(a) above. At the time of OTA clearance, applicable GST and compensation cess as per GST classification would apply.

Effect of this Notification: sale in DTA in respect of certain services classified under Heading 9988 and 9989 under GST is continued to be cove(f under para 6.08(a) of FTP.

[Issued from File No. 01/92/180/100/AM16/PC-VI]

(Alok Vardhan chaturvedi)
Director Gene Foreign Trade
E-mail: dgftgnic.in

       

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