Amendment in Para 3.24 (j) of Chapter-3 of FTP 2015-2020 - Entitlement to export freely exportable items on free of cost basis by Status Holders has been revised. - 23/2015-2020 - Foreign Trade Policy
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Free of cost export entitlement for status holders updated, with category exclusions and specific pharmaceutical allowances. Amendment revises status holders' entitlement to export freely exportable items on a free of cost basis subject to an annual monetary limit or a proportion of average annual export realisation during the preceding three licensing years, excluding Gems and Jewellery, Articles of Gold and precious metals. Free supplies are ineligible for Duty Drawback or any other export incentive. Pharmaceutical exporters are governed by the proportional limit, while supplies of pharmaceuticals, vaccines and lifesaving drugs to international and government health programmes are permitted up to a higher proportional limit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Free of cost export entitlement for status holders updated, with category exclusions and specific pharmaceutical allowances.
Amendment revises status holders' entitlement to export freely exportable items on a free of cost basis subject to an annual monetary limit or a proportion of average annual export realisation during the preceding three licensing years, excluding Gems and Jewellery, Articles of Gold and precious metals. Free supplies are ineligible for Duty Drawback or any other export incentive. Pharmaceutical exporters are governed by the proportional limit, while supplies of pharmaceuticals, vaccines and lifesaving drugs to international and government health programmes are permitted up to a higher proportional limit.
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