Amendment in Para 2.47 of FTP 2015-2020.

Notification No: Notification No: 36/2015-2020
Notification Date: 2018-09-27
Issuing Authority: DGFT-Notification
Subject: Amendment in Para 2.47 of FTP 2015-2020.

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

Government of India
Ministry of Commerce & Industry

Department of Commerce

Udyog Bhawan, New Delhi

 

Notification No: 36/2015-2020

New Delhi, 27 September, 2018

 

Subject: Amendment in Para 2.47 of FTP 2015-2020.

 

S.O.(E): In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendment in the Foreign Trade Policy 2015-2020 with immediate effect:

 

Para of the FTP 2015

Current para

 

Amended Para
20.47

2.47 Export through Courier Service/Post

Exports through a registered courier service is permitted as per Notification issued by DOR. However, exportability of such items shall be regulated in accordance with FTP/ ITC (HS), 2017. The value limit for such exports through courier service and Post shall be Rs 5,00,000 per consignment.

2.47 Export Service/Post

Exports through a registered courier service/Foreign Post Office is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ Export Policy in ITC (HS), 2018. The value limit for exports through courier service shall be Rs 5,00,000 per consignment.

 

Effect of this Notification: The value limit stipulated on exports through Post in Rara 2.47 of the FTP has been done away with. The value limit of Rs.5,00,000/- will be applicable only in case of courier exports.

 

(Alok Vardhan Chaturvedi)

Director General of Foreign Trade

Ex-officio Additional Secretary to the Government of India

E-mail:dgft@nic.in

 

Issued from File No. 01/61/180/16/AM17/PC-31