Amendment in Policy Condition No. 1 of Chapter 88 of ITC (HS) 2017, Schedule-I (Import Policy)

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....ent in Policy Condition No. 1 of Chapter 88 of ITC (HS) 2017, Schedule-I (Import Policy) -regarding S.O. 3560(E).-In exercise of powers conferred by Section 3 and Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government, hereby amends Policy Condition 1 of Chapter 88 ITC (HS) 2017, Schedule-I ....

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.... Aircraft and Helicopters (including used/second hand aircraft and helicopters) may be imported by the following without the need to obtain an import license from Directorate General of Foreign Trade. (a) Air India (b) Pawan Hans Limited (c) Airports Authority of India (d) Indira Gandhi RashtriyaUranAkademi (IGRUA)/and such other flying clubs/Academies recognised by the Ministry of Civil ....