DGFT amends the Foreign Trade Policy 2015-2020

Mar 22, 2019 | by Avantis RegTech Legal Research Team


The Directorate of Foreign Trade (DGFT) on March 20, 2019, has made amendments in Foreign Trade Policy 2015-2020 (FTP 2015-20).

The following amendments in the Foreign Trade Policy 2015-2020, are as under:

1. Exemption from Integrated Tax and Compensation Cess under Advance Authorization under Para 4.14 of FTP 2015-20 is extended till March 30, 2020;

2. Exemption from Integrated Tax and Compensation Cess under EPCG Scheme under Para 5.01(a) of FTP 2015-20 is extended till March 30, 2020;

3. Exemption from Integrated Tax and Compensation Cess under EOU Scheme under Para 6.01(d)(ii) of FTP 2015-20 is extended till March 30, 2020.

Effect of the Notification: Para 4.14; Para 5.01(a) and 6.01(d)(ii) of FTP are amended.

[Notification No. 57/2015-2020]

Click here to download the Notification. 

 


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