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DGFT further tightens norms for import of cars / SUVs by tourism industry under EPCG Scheme

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....ign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with paragraph 1.3 of the Foreign Trade Policy, 2004-09 as amended from time to time, the Central Government hereby makes the following amendments: 1. The sub paragraph of Para 5.1 after the sub paragraph "Second hand capital goods without any restriction on age may also be imported under the EPCG scheme" of Para 5.1 will be am....