POLICY CIR NO. 03/2013, DT. 02/08/2013
Withdrawal of Policy Circular No.30 dated 10.10.2005 on Importability of Alternative inputs allowed as per SION
Notification No.31 has been issued on 1st August, 2013 which stipulates “inputs actually used in manufacture of the export product should only be imported under the authorisation. Similarly inputs actually imported must be used in the export product.” Accordingly, the earlier Policy Circular No.30 dated 10.10.2005 becomes infructuous and hence stands withdrawn.
2. This is to reiterate that duty free import of inputs under Duty Exemption/Remission Schemes under Chapter-4 of FTP shall be guided by the Notification No. 31 issued on 1.8.2013. Hence any clarification or notification or communication issued by this Directorate on this matter which may be repugnant to this Notification shall be deemed to have been superseded to the extent of such repugnancy.
3. This issues with the approval of Director General of Foreign Trade.
(Jaikant Singh)
Joint Director General of Foreign Trade
E-mail : jaikant.s@nic.in
(Issued from F. No. 01/94/180/165/AM 12/PC- 4)
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