Amendment in Para 4.14 and 4.16 (ii) of the Foreign Trade Policy 2015-20

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.... Amendment in Para 4.14 and 4.16 (ii) of the Foreign Trade Policy 2015-20. S.O.(E): - In exercise of the powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 1.02 of the Foreign Trade Policy (FTP), 2015-20,  as amended from time to time, the Central Government hereby makes the following amendment in Para 4.14 and 4.16 (ii) of Chapter 4 of Foreign Trade Policy 2015-20. ....

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....iff Act, 1975 (51 of 1975), as may be provided in the notification issued by Department of Revenue, and such imports shall be subject to pre-import condition. Imports against Advance Authorisations for physical exports are exempted from Integrated Tax and Compensation Cess upto 01.10.2018 only. 3.  The amended Para 4.14 of FTP 2015-20:- 4.14 Details of Duties exempted Imp....

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....or making physical exports or domestic supplies notified at Sr Nos. 1, 2 and 3 of the table contained in Notification no. 48/2017-Central Tax dated 18.10.2017 issued by Department of Revenue. Imports against Advance Authorisations are exempted from Integrated Tax and Compensation Cess upto 31.03.2019 only. 4.  In Para 4.16 (ii), reference to jurisdictional customs authority is deleted. ....