2.5
Exemption from Policy/ Procedure
DGFT may pass such orders or grant such relaxation or relief, as he may deem fit and proper, on grounds of genuine hardship and adverse impact on trade. DGFT may, in public interest, exempt any person or class or category of persons from any provision of FTP or any procedure and may, while granting such exemption, impose such conditions as he may deem fit. Such request may be considered only after consulting committees as under:
|
Sl.No. |
Description |
Committee |
|
(a) |
Fixation / modification of product norms under all schemes |
Norms Committee |
|
(b) |
Nexus with Capital Goods (CG) and benefits under EPCG Schemes |
EPCG Committee. |
|
(c) |
All other issues |
Policy Relaxation Committee (PRC) |