Amendment in FTP (RE-2012)(2009-2014)
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....12 Subject: Amendment in FTP (RE-2012)(2009-2014) S.O (E) : In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, as amended, read with paragraph 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government hereby amends with immediate effect para 5.2A, 9.12, 5.3 and 5.11 of Foreign Trade Policy, 2009-2014 (RE 2012). 2 Sub-Para (a) of ....
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.... under the EPCG scheme, c.i.f. value of import of the spares etc. will be limited to 10% of the book value of the plant and machinery." 3. Definition of Capital Goods in Para 9.12 of FTP has been amended and will now read as under: "Capital Goods" means any plant, machinery, equipment or accessories required for manufacture or production, either directly or indirectly, of goods or for rendering ....