Amendment in Para 2.31 of the Foreign Trade Policy, 2023 - Used IT Assets (laptops, desktops, monitors, printers) - Import from Special Economic Zone (SEZ) to Domestic Tariff Area (DTA)

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....tion No. 56/2023 New Delhi, Dated 1st January, 2024 Subject: Amendment in Para 2.31 of the Foreign Trade Policy, 2023 - reg. S.O. 22 (E) - In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, the Central Government hereby amends Para 2.3....

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....A is allowed without a Licence for Restricted Imports given that the goods are not older than 5 years from the date of manufacturing. However IT assets that have entered the SEZ area in second hand/used/old condition and have been used in the SEZ area for less than 2 years are not covered. 3. The relaxation for import from SEZ to DTA under condition 1 & 2 above, shall be applicable given that no ....