Amendments in the Foreign Trade Policy (FTP) 2009-2014. - 31 (RE-2013)/ 2009-2014

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<h1>India Updates Foreign Trade Policy: New Rules for Input Declaration in Export Documents Effective August 2013</h1> The Government of India has amended the Foreign Trade Policy (FTP) 2009-2014, effective August 1, 2013. A new paragraph 4.1.15 has been added, requiring that the specific inputs used in manufacturing export products must be indicated in the shipping bill and match the bill of entry description for authorization redemption. Additionally, paragraph 4.2.3 now includes references to provisions 4.1.14 and 4.1.15, applicable to DFIA holders. The notification emphasizes that only inputs actually used in manufacturing the export product should be imported under authorization, ensuring compliance for Advance Authorisation and DFIA.

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