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Date: 08-05-2018
Notification No: DGFT Notification No.07/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: [Issued from File No. 01/93/180/1483/AM-03/PC-2(A)/Vol-IV/E-1868]
Subject: Insertion of a new Policy condition under Chapter 87 of ITC (HS), 2017 - Schedule - I (Import Policy)

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

Notification No. 07 /2015-2020

Dated the 8th May, 2018

Subject: Insertion of a new policy condition under Chapter 87 of ITC (HS), 2017 —Schedule —1 (Import Policy).

S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby inserts a new Policy Condition, number (10) at the end of Chapter 87 of ITC (HS) 2017 – Schedule – 1 (Import Policy) as under:-

(10) Policy Condition 1 and 2 [except for 1 (II) (d) (iv) and 2 (II) (d)] above shall not be applicable for import of automotive mining equipments, oil rigging equipments for operation in captive mines/ oil rigging areas and vehicles for research and development purposes subject to the condition that the imported item is re-exported / scrapped under certification from the concerned authorities, once its purpose is served. Above condition is applicable for both old/used and new equipments/ vehicles. Further these equipments/ vehicles shall not ply on public roads, except for mobilization and demobilization purposes.

2. Effect of this Notification: Policy condition for import of old/used and new automotive mining equipments, oil rigging equipments for operation in captive mines/ oil rigging areas and other vehicles for research and development purposes is introduced.

[Issued from File No. 01/93/180/1483/AM-03/PC-2(A)/Vol-IV/E-1868]

(Alok Vardan Chaturvedi)
Director General of Foreign Trade
E-mail: [email protected]

       

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