Amendment in Para 4.14 and 4.16 (ii) of the Foreign Trade Policy 2015-20

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..... Subject: Amendment in Para 4.14 and 4.16 (ii) of the Foreign Trade Policy 2015-20. S.O.(E): - In exercise of the powers conferred by Section 5 of FT(D R) Act, 1992 , read with Paragraph 1.02 of the Foreign Trade Policy (FTP), 2015-20 , as amended from time to time, the Central Government hereby makes the following amendment in Para 4.14 and 4.16 (ii) of Chapter 4 of Foreign .....

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..... of section 3 of the Customs Tariff Act, 1975 (51 of 1975), as may be provided in the notification issued by Department of Revenue, and such imports shall be subject to pre-import condition. Imports against Advance Authorisations for physical exports are exempted from Integrated Tax and Compensation Cess upto 01.10.2018 only. 3. The amended Para 4.14 of FTP 2015-20 :- 4.14 Details o .....

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..... epartment of Revenue, for making physical exports or domestic supplies notified at Sr Nos. 1, 2 and 3 of the table contained in Notification no. 48/2017-Central Tax dated 18.10.2017 issued by Department of Revenue. Imports against Advance Authorisations are exempted from Integrated Tax and Compensation Cess upto 31.03.2019 only. 4. In Para 4.16 (ii) , reference to jurisdictional customs a .....

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