2.58
Exemption from Policy/ Procedures
DGFT may in public interest pass such orders or grant such exemption, relaxation or relief, as he may deem fit and proper, on grounds of genuine hardship and adverse impact on trade to any person or class or category of persons from any provision of FTP or any procedure. While granting such exemption, DGFT may impose such conditions as he may deem fit after consulting the Committees as under:
|
Sl.No. |
Description |
Committee |
|
(a) |
Fixation / modification of product norms |
Norms Committees |
|
(b) |
Nexus with Capital Goods (CG) and benefits under EPCG Schemes |
EPCG Committee |
|
(c) |
All other issues |
Policy Relaxation Committee (PRC) |