NOTIFICATION NO. 42/2019, DT. 10/01/2020
Amendment in Para 6.01(k) of Foreign Trade Policy 2015-20
S.O(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 2.01 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes the following amendments in para 6.01(k) of Chapter 6 of Foreign Trade Policy 2015-20:
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Existing policy provision |
Amended policy provision |
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BOA may allow, on a case to case basis, requests of EOU / EHTP / STP/ BTP units in sectors other than Gems & Jewellery, for consolidation of goods related to manufactured articles and export thereof along with manufactured article. Such goods may be allowed to be imported / procured from DTA by EOU with or with out payment of duty and/or taxes as provided at Para 6.01(d) (ii)and(iii) above, as the case may be to the extent of 5% FOB value of such manufactured articles exported by the unit in preceding financial year. Details of procured /imported goods and articles manufactured by the EOU will be listed separately in the export documents. In such cases, value of procured / imported goods will not be taken into account for calculation of NFE and DTA sale entitlement. Such procured /imported goods shall not be allowed to be sold in DTA. BOA may also specify any other conditions. |
Development Commissioner / Designated Officer may allow, on a case to case basis, requests of EOU / EHTP / STP/ BTP units in sectors other than Gems & Jewellery, for consolidation of goods related to manufactured articles and export thereof along with. manufactured article. Such goods may be allowed to be imported / procured from DTA by EOU with or without payment of duty and/or taxes as provided at Para 6.01(d) (ii)and(iii) above, as the case may be to the extent of 5% FOB value of such manufactured articles exported by the unit in preceding financial year. Details of procured / imported goods and articles manufactured by the EOU will be listed separately in the export documents. In such cases, value of procured/imported goods will not be taken into account for calculation of NFE and DTA sale entitlement. Such procured /imported goods shall not be allowed to be sold in DTA. Development Commissioner /Designated Officer may also specify any other conditions. |
Effect of Notification: Authority of approving proposals for consolidation of goods related to manufactured articles has been delegated to Development Commissioner/Designated Officer concerned.
[Amit Yadav]
Director General of Foreign Trade
Officer Additional Secretary, Government of India
Email: dgft@nic.in
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