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Amendment in Para 2.38 of Foreign Trade Policy, 2009-2014

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II

SECTION 3, SUB SECTION (II)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

DEPARTMENT OF COMMERCE

Notification No. 24 (RE-2013)/2009-2014

New Delhi, Dated the 19th June, 2013

Subject: Amendment in Para 2.38 of Foreign Trade Policy, 2009-2014.

S.O. (E): In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes the following amendment inparagraph 2.38 of Foreign Trade Policy, 2009-2014:

2. The existing sentence in Para 2.38 of Foreign Trade Policy, 2009-2014 will be followed by:

However, re-export of such defective parts/spares by the Companies/firms and Original Equipment Manufacturers shall not be mandatory if they are imported exclusively for undertaking root cause analysis, testing and evaluation purpose.

3. After the amendment, Para 2.38 of Foreign Trade Policy, 2009-2014 shall be as under:

Goods or parts, except restricted under ITC (HS) thereof, on being exported and found defective, damaged or otherwise unfit for use may be imported for repair and subsequent re-export. Such goods shall be allowed clearance without an Authorisation and in accordance with customs notification. However, re-export of such defective parts/spares by the Companies/firms and Original Equipment Manufacturers shall not be mandatory if they are imported exclusively for undertaking root cause analysis, testing and evaluation purpose.

4. Effect of this Public Notice:

Defective parts/spares imported exclusively for undertaking root cause analysis, testing and evaluation purpose by the Companies/firms and Original Equipment Manufacturers may not be re-exported.

Sd/-

(Anup K. Pujari)

Director General of Foreign Trade

Email : dgft@nic.in

[Issued from F. No. 01/92/180/95/AM-10/PC-2(B)]

Tags: Director-generalExportForeign Trade PolicyGazette of IndiaGovernment of IndiaMinistry of Commerce and Industry (India)New DelhiOriginal equipment manufacturer

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