Amendment in Para 5.01(g) of FTP 2015-2020 - 35/2015-2020 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Notification No. 35 /2015-2020 New Delhi, 29 th January, 2016 Subject: Amendment in Para 5.01(g) of FTP 2015-2020 S.O.(E) - In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 , as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendments in the Foreign Trade Policy (FTP) 2015-2020 with immediate effect: Amendment in Para 5.01 (g) of FTP 2015-2020 (a). Amended Para 5.01 (g) of FTP 2015-2020 shall read as under: (g) Authorization under EPCG Scheme shall not be issued for import of any Capital Goods for generation/transmission of power (including Captive plants and Power Generator Sets of any kind) for: (b). Amended Para 5.01 (g) (iii) of FTP 2015-2020 shall read as under: (iii) Supply of power (energy) in their own unit, and Effect of this Notification: Import of Capital Goods is not permitted under EPCG Scheme for generation/transmission of power. It further clarifies the provision. (Anup Wadhawan ) Director General of Foreign Trade E-mail: [email protected] ( Issued from File No.18/62/AM-16/PC-5)