Wait...

Online India Export Import Data Search

Complete Training Video : Click Here

Status Holder-Amendment in Para 3.20(b) of ForeignTrade Policy 2015-20., DGFT Notification No. 04/2015-2020, 29-04-2016



Date: 29-04-2016
Notification No: DGFT Notification No. 04/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: File No. 01/61/180/179/AM16/PC-3
Subject: Status Holder-Amendment in Para 3.20(b) of ForeignTrade Policy 2015-20.

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

Notification No. 04/2015-2020

New Delhi, Dated the 29th April, 2016

Subject: Status Holder-Amendment in Para 3.20(b) of ForeignTrade Policy 2015-20

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:

Existing Paragraph 3.20(b) of FTP 2015-20:

All exporters of goods, services and technology having an import-export code (IEC) number shall be eligible for recognition as a status holder. Status recognition depends upon export performance. An applicant shall be categorized as status holder upon achieving export performance during current and previous two financial years, as indicated in paragraph 3.21 of Foreign Trade Policy. The export performance will be counted on the basis of FOB value of export earnings in free foreign exchange.

Amended Paragraph 3.20(b) of FTP 2015-20:

All exporters of goods, services and technology having an import-export code (IEC) number shall be eligible for recognition as a status holder. Status recognition will dependon export performance. An applicant shall be categorized as status holder on achieving export performance during the current and previous three financial years (for Gems& Jewellery Sector the performance during the current and previous two financial years shall be considered for recognition as status holder) as indicated in paragraph 3.21 of Foreign Trade Policy. The export performance will be counted on the basis of FOB of export earning in free foreign exchange.

Effect of this Notification: The criteria for recognition as status holder has been changed w.e.f 01.04.2016 to the exports in the current and previous three financial years from the existing criteria of current and previous two financial years. Forthe Gems and Jewellery Sectors the existing criteria of
export performance in the current and previous two years shall continue.

(AnupWadhawan )
Director General of Foreign Trade
E-mail: [email protected]
( Issued from File No.01/61/180/179/AM16/PC-3)

       

DO YOU NEED HELP?







Get Free Sample Now

Which service(s) are you interested in?
+


What is New?

Date: 17-01-2017
DGFT Notification No. 36/2015-2020
Notification of ITC (HS), 2017 – Schedule-1 (Import Policy)

Date: 17-01-2017
DGFT Notification No. 35/2015-2020
The minimum price for import of Areca Nuts is enhanced from existing Rs. 162/- to Rs.251/- per Kilogram

Date: 16-01-2017
Customs Circular No. 03/2017
Import of point of sale (PoS) terminal devices, its cells & batteries and labelling requirements thereof-reg.

Date: 13-01-2017
Customs Notification No. 04/2017 (NT)
Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Date: 13-01-2017
Customs Notification No. 01/2017 (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 13-01-2017
Customs Notification No. 02/2017 (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 13-01-2017
Customs Notification No. 03/2017 (N.T./CAA/DRI)
Appointment of Common Adjudicating Authority by DGRI

Date: 13-01-2017
DGFT Notification No. 34/2015-2020
Export Policy of Animal By-Products.

Date: 13-01-2017
Customs Circular No. 02/2017
Amendments effective from 15th January, 2017 to the All Industry Rates of Duty Drawback - reg.

Date: 12-01-2017
Customs Notification No. 03/2017 (NT)
Regarding in amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIR of duty drawback



Exim Guru Copyright © 1999-2017 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001