Foreign Trade Policy alignment modernises customs exemption definitions and procedural cross references across notifications. Amendments align multiple customs exemption notifications with the Foreign Trade Policy 2015-2020 and the corresponding Handbook of Procedures by substituting prior cross references and explanatory clauses. Key substitutions redefine terms including 'Foreign Trade Policy', 'Handbook of Procedures', 'Replenishment Authorisation', 'Nominated agencies' and 'Status holder' to the 2015-2020 framework, update paragraph citations, and adjust operative rules for EOUs and related units on inter unit transfers, sharing of infrastructure, external warehousing and fast track de bonding.
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Foreign Trade Policy alignment modernises customs exemption definitions and procedural cross references across notifications.
Amendments align multiple customs exemption notifications with the Foreign Trade Policy 2015-2020 and the corresponding Handbook of Procedures by substituting prior cross references and explanatory clauses. Key substitutions redefine terms including "Foreign Trade Policy", "Handbook of Procedures", "Replenishment Authorisation", "Nominated agencies" and "Status holder" to the 2015-2020 framework, update paragraph citations, and adjust operative rules for EOUs and related units on inter unit transfers, sharing of infrastructure, external warehousing and fast track de bonding.
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