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

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....6 (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. 2. Existing para 4.14 of FTP 2015-20:- ....

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....he 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 Imports under Advance Authorisation are exempted from payment of Basic Custo....