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of <h1>India Amends Vehicle Import Policy: EU Considered Single Market for Compliance Under ITC (HS) 2012, Chapter 87.</h1> The Government of India has amended the Import Policy under ITC (HS) 2012, specifically in Chapter 87, regarding the import of new vehicles. The amendment adds a clarification to the conditions for importing vehicles, stating that 'the country of manufacture' also includes a Single Market, such as the European Union (EU). This change affects the interpretation of the import conditions, allowing vehicles manufactured within the EU to be considered compliant with the policy. The amendment is issued under the authority of the Foreign Trade (Development and Regulation) Act, 1992, and the Foreign Trade Policy 2009-2014.
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