GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
Notification No. 24 (RE-2013)/2009-2014
New Delhi, Dated the 19th June, 2013
Subject: Amendment in Para 2.38 of Foreign Trade Policy, 2009-2014.
S.O. (E): In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes the following amendment in paragraph 2.38 of Foreign Trade Policy, 2009-2014:
- The existing sentence in Para 2.38 of Foreign Trade Policy, 2009-2014 will be followed by:
“However, re-export of such defective parts/spares by the Companies/firms and Original Equipment Manufacturers shall not be mandatory if they are imported exclusively for undertaking root cause analysis, testing and evaluation purpose.”
- After the amendment, Para 2.38 of Foreign Trade Policy, 2009-2014 shall be as under:
“Goods or parts, except restricted under ITC (HS) thereof, on being exported and found defective, damaged or otherwise unfit for use may be imported for repair and subsequent re-export. Such goods shall be allowed clearance without an Authorisation and in accordance with customs notification. However, re-export of such defective parts/spares by the Companies/firms and Original Equipment Manufacturers shall not be mandatory if they are imported exclusively for undertaking root cause analysis, testing and evaluation purpose.”
- Effect of this Public Notice:
Defective parts/spares imported exclusively for undertaking root cause analysis, testing and evaluation purpose by the Companies/firms and Original Equipment Manufacturers may not be re-exported.
Sd/-
(Anup K. Pujari)
Director General of Foreign Trade
Email:dgft@nic.in
[Issued from F. No. 01/92/180/95/AM-10/PC-2(B)]
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