Amendment in Para 2.47 of FTP 2015-2020 - 36/2015-2020 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Udyog Bhawan Notification No. 36/2015-2020 New Delhi, the 27 th September, 2018 Subject: Amendment in Para 2.47 of FTP 2015-2020. S.O. 4995 (E) - In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-2020 , the Central Government hereby makes the following amendment in the Foreign Trade Policy 2015-2020 with immediate effect: 2. Para of the FTP 2015-20 Current para Amended Para 2.47 2.47 Export through Courier Service/Post Exports through a registered courier service is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ ITC (HS), 2017.The value limit for such exports through courier service and Post shall be ₹ 5,00,000 per consignment 2.47 Export through Courier Service/Post Exports through a registered courier service/Foreign Post Office is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ Export Policy in ITC (HS), 2018. The value limit for exports through courier service shall be ₹ 5,00,000 per consignment Effect of this Notification: The value limit stipulated on exports through Post in Para 2.47 of the FTP has been done away with. The value limit of ₹ 5,00,000/- will be applicable only in case of courier exports. (Alok Vardhan Chaturvedi) Director General of Foreign Trade Ex-offico Additional Secretary to the Government of India E-mail: [email protected] [Issued from File No. 01/61/180/16/AM17/PC-3]