Import of Motor Car etc. under EPCG Scheme-(Para 5.1 of FTP)

Notification No: Circular -07
Notification Date: 2008-05-07
Issuing Authority: DGFT-Circular
Subject: Import of Motor Car etc. under EPCG Scheme-(Para 5.1 of FTP)

F.No.01/36/218/13/AM08/PoL V/EPCG.I

Government of India

Ministry of Commerce & Industry

Directorate General of Foreign Trade

Udyog Bhavan, New Delhi

 

  Circular No.  07     / (RE-08- )/2004-09) Dated  7th  -05-2008

 

          Subject:-Import of Motor Car etc. under EPCG Scheme -        

                         (Para 5.1 of FTP).

          Attention is invited to Para 5.1 of Foreign Trade Policy wherein Import of Motor Cars, Sports Utility Vehicles / all purpose vehicles are allowed only to Hotels, Travel Agents, Tour Operators or Tour Transport Operators and Companies owning / operating Golf Resorts.  

2.    In order to ensure proper and intended use of above vehicles under EPCG Scheme, following course of action would be taken by EPCG authorization holder, Regional Authorities of DGFT and Custom Authorities in addition to existing conditions:

 (a)  Customs authorities will endorse in “Bill of Entry” while clearing such vehicles that such vehicles have to be registered as a vehicle “for tourist purpose only”. This would make purpose of import of vehicles absolutely clear and would also facilitate registration.

(b)  In all past cases where Export Obligation Discharge Certificate (EODC) has not been obtained  by 30-06-2008 and  where vehicles were not registered as Tourist Vehicles, EPCG authorization holders will get them registered as Tourist Vehicles, by 31-08-2008. Regional Authorities of DGFT will monitor and ensure compliance.

3.     This issues with the approval of DGFT.                

                                                                                                                                                                                                         (G. Seetharam Reddy)

                                                    Jt. Director General of foreign Trade

To

          All Regional Authorities/ All Custom Authorities/All concerned. 

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