Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan, New Delhi
Notification No: 43 (RE-2013)/2009-2014
New Delhi, the 25th September, 2013
Subject: Amendment in Chapter 3 of Foreign Trade Policy
S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade
(Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade
Policy, 2009-2014, the Central Government hereby makes the following amendments
in the Foreign Trade Policy (FTP) 2009-14 with immediate effect:
- The following categories are added after serial no (x) in the list appended
in paragraph 3.14.3 of Foreign Trade Policy bearing the Heading “Ineligible
Exports Categories / Sectors for FMS”:
(xi) Export of Cotton.
(xii) Export of Cotton Yarn.
(xiii) Exports which are subject to Minimum Export Price or Export Duty.
- The following sub-paragraphs are added below paragraph 3.14.5(c) as under:
“(i) Benefit of Incremental Export Incentivisation Scheme for the year 2013-14
will be limited to a scrip of a value not exceeding Rs. 1 Crore per IEC.
(ii) Claims in excess of this value will be subjected to greater scrutiny by
Regional Authority.
- The following ineligible categories are added after Sl. No. (xvi) in the
eligibility criteria specified in Paragraph 3.14.5(d) of FTP:
(xvii) Cotton.
(xviii) Cotton Yarn.
(xix) Exports which are subject to Minimum Export Price or Export Duty.
Effect of this Notification: Category of ineligible exports has been expanded
for certain benefits under chapter 3 of FTP as given at para 2 and 4 above. Para
3 restricts the entitlement for claiming IEIS benefit.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: [email protected]
[Issued from File No. 01/61/188/AM 13/PC 3]