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GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI
NOTIFICATION NO. 23/2015-2020
Dated: August 13, 2016
Subject: Removal of mandatory warehousing requirements for EOUs,
STPIs, EHTPs etc. – amendment in paras 6.01, 6.13, 6.19 and 6.28 of FTP
2015-2020 – reg.
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:-
| S.No |
Para No |
Existing Para |
Revised Para |
| 1. |
6.01 |
(g) An EOU engaged in agriculture,
animal husbandry, aquaculture, floriculture, horticulture, pisciculture,
viticulture, poultry or sericulture may be permitted to remove specified
goods in connection with its activities for use outside bonded
area.
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(g) An EOU engaged in agriculture,
animal husbandry, aquaculture, floriculture, horticulture, pisciculture,
viticulture, poultry or sericulture may be permitted to remove specified
goods in connection with its activities for use outside the
premises of the unit.
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| 2 |
6.13 |
(a) Transfer of manufactured goods from
one EOU / EHTP / STP / BTP unit to another EOU / EHTP / STP / BTP unit
is allowed with prior intimation to concerned Development Commissioners
of the transferer and transferee units as well as concerned Customs
authorities, following procedure of in-bond movement of goods.
Transfer of manufactured goods shall also be allowed from EOU / EHTP /
STP / BTP unit to a SEZ developer or unit as per procedure prescribed in
SEZ Rules, 2006.
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(a) Transfer of manufactured goods from
one EOU / EHTP / STP / BTP unit to another EOU / EHTP / STP / BTP unit
is allowed with prior intimation to concerned Development Commissioners
of the transferer and transferee units as well as concerned Customs
authorities, as per following procedure for movement of goods:
i. Any procurement by one unit
from another should be supported by a Procurement Certificate or
pre-authenticated procurement certificates, as applicable;
ii. The supply of the goods from
one unit to another shall be based upon the usual commercial documents,
such as, invoice and delivery challan;
iii. Upon receipt of goods,
copies of documents shall be provided to the jurisdictional office of
the sending and receiving unit by way of intimation.
Transfer of manufactured goods shall
also be allowed from EOU / EHTP / STP / BTP unit to a SEZ developer or
unit as per procedure prescribed in SEZ Rules, 2006.
|
| 3 |
6.19 |
(b) Existing EHTP / STP units may also
apply for conversion / merger to EOU unit and vice-versa. In such cases,
units will remain in bond and avail exemptions in duties and
taxes as applicable. |
(b) Existing EHTP / STP units may also
apply for conversion / merger to EOU unit and vice-versa. In such cases,
units will avail exemptions in duties and taxes as applicable.
|
| 4 |
6.28 |
An EOU which intends to set up
warehousing facilities outside the EOU premises and outside the
jurisdiction of DC, at a place near to the port of export, to reduce
lead time for delivery of goods overseas and to address unpredictability
of supply orders, is permitted to do so subject to the provisions
related to export warehousing as per terms and conditions of
Notifications issued by the Department of Revenue.
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Deleted |
[Issued from F.No.01/92/180/100/AM 16/PC VI]
(Anup Wadhawan)
Director General of Foreign Trade
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