PUBLIC NOTICE No.14/2013, DT. 17/05/2013
Amendment in Para 2.43.2 (c) of Handbook of Procedure Vol.I, 2009-2014
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade makes the following amendment in the Handbook of Procedure Vol.I, 2009-2014:
2. Presently, Para 2.43.2 (c) of Handbook of Procedure Vol.I, 2009-2014 reads as under:
“Prior Permission of DGFT shall also not be required for transfer of imported weapons (firearms) by the Renowned Shooters* after 5 years from date of import. In respect of those shooters categorized as Renowned Shooter for at least 3 consecutive years, no permission would be required from DGFT after 3 years from date of import.”
3. The above Paragraph is replaced as under:
“Prior Permission of DGFT shall also not be required for transfer of weapon/s (firearm/s) imported by a Renowned Shooter (as defined in Policy Condition 3 of Chapter 93 of ITC(HS) 2012) for the purpose of his/her pursuing shooting as a sport to any upcoming shooter as certified either by the National Rifle Association of India (NRAI) or the Department of Sports, Ministry of Youth Affairs & Sports after two years from the date of import. The transferee can subsequently transfer/resell to any buyer as certified by the NRAI or Department of Sports for the sole purpose of pursuing shooting as a sport after one year from the date of its first sale. Such transfer/sale is subject to the provisions of the Arms Act, 1959 and other rules/regulations by state/local police. NRAI/Department of Sports will maintain the required records.”
4. Effect of this Public Notice:
The present dispensation of transfer/sale of imported weapons (firearms) by shooters has been liberalized.
Sd/-
(Anup K. Pujari)
Director General of Foreign Trade
Email:dgft@nic.in
[Issued from F. No. 01/93/180/34/AM-09/PC-2(B)]
Presented by eximkey.com