Error correction in Focus Product Scheme (FPS) for export of “Other -Brakes and Servo Brakes and Part thereof” mentioned at Sl. No. 608 of Appendix 37D as notified vide Public Notice 3 dated 05.06.2012 of Foreign Trade Policy 2009-2014

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....Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 65 /(RE-2013)/2009-2014 Dated the 18th March, 2016 Subject: Error correction in Focus Product Scheme (FPS) for export of "Other -Brakes and Servo Brakes and Part thereof" mentioned at Sl. No. 608 of Appendix 37D as notified vide Public Notice 3 dated 05.06.2012 of Foreign Trade Policy 2009-2014. ....

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....HS) Code Description Rate Percent Corrected ITC HS Code 608 608 87082900 OTHER - BRAKES AND SERVO BRAKES AND PART THEREOF 2% 87083000 This correction is necessitated as it was noticed that HS code 87082900 was wrongly mentioned prior to 25.2.2014 which was rectified in Public Notice No.52 dated 25.2.2014 for "Other-Brakes and Servo Brakes and Part thereof". However....

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....er description, "Other - Brakes and Servo Brakes and Part thereof" has been incentivized irrespective of the ITC(HS) codes (87082900 or 87083000) mentioned against the product description, exported under Foreign Trade Policy 2009-14 between 05.06.2012 and 24.02.2014. From 25.02.2014 onwards both description and ITC (HS) code should match for grant of incentives under FPS (FTP 2009-14) to the said ....