Amendment in Para 4.32(i) of Chapter 4 and in Para 6.01(a) of Chapter 6 of the Foreign Trade Policy 2015-20.

Notification No: Notification No.43/2015-2020
Notification Date: 2018-11-05
Issuing Authority: DGFT-Notification
Subject: Amendment in Para 4.32(i) of Chapter 4 and in Para 6.01(a) of Chapter 6 of the Foreign Trade Policy 2015-20.

[To be published in the Gazette of India Extraordinary Part-II, Section 3, Sub-Section (ii)

Government of India

Ministry of Commerce & Industry

Directorate General of Foreign Trade

Policy 4 Section, Room No 210

Udyog Bhavan

 

Notification No.43/2015-2020

New Delhi dated 05 November, 2018

 

Subject: Amendment in Para 4.32(i) of Chapter 4 and in Para 6.01(a) of Chapter 6 of the Foreign Trade Policy 2015-20.

 

S.O.(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes following amendment in Para 4.32() of Chapter 4 and Para 6.01(a) of Chapter 6 of Foreign Trade Policy 2015-20.

 

2. Existing Para 4.32(i) of FTP 2015-20:

"Gold jewellery, including partly processed jewellery and articles including medallions and coins (excluding legal tender coins), whether plain or studded,

containing gold of 8 carats and above up to a maximum limit of 22 carats."

 

The amended Para 4.32 (i) of FTP 2015-20:

 

"Gold jewellery, including partly processed jewellery and articles including medallions and coins (excluding legal tender coins), whether plain or studded, containing gold of 8 carats and above up to a maximum limit of 22 carats.

The Findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above up to a maximum limit of 22 carats."

 

3.Existing Para 6.01(a) of FTP 2015-20:

 

"An EOU/EHTP/STP/BTP unit may export all kinds of goods and services except items that are prohibited in ITC(HS). However export of gold jewellery, including partly processed jewellery, whether plain or studded, and articles, containing gold of 8 carats and above upto a maximum limit of 22 carats only shall be permitted."

 

The amended Para 6.01(a) of FTP 2015-20:

 

"An EOU/EHTP/STP/BTP unit may export all kinds of goods and services except items that are prohibited in ITC(HS). However export of gold jewellery, including partly processed jewellery, whether plain or studded, and articles, containing gold of 8 carats and above upto a maximum limit of 22 carats only shall be permitted.

 

The export of findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above up to a maximum limit of 22 carats only shall be allowed."

 

4. Effect of this Notification: Para 4.32(i) and Para 6.01(a) of Foreign Trade Policy 2015-20 are amended to allow export of findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above up to a maximum limit of 22 carats only from domestic tariff area and EOU/ EHTP/STP/BTP Units.

 

[Alok Vardhan Chaturvedi]

Director General of Foreign Trade & Ex-officio Additional Secretary to Government of India

Email: dgft@nic.in

 

(Issued from File No.01/94/180/236/AM19/PC-4)

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