GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

DEPARTMENT OF COMMERCE

 

DIRECTORATE GENERAL OF FOREIGN TRADE

NEW DELHI

 

 NOTIFICATION No. 15 (RE-2007)/2004-2009

DATED   20     July     2007

 

          S.O.(E)  In exercise of powers conferred by Section 5 of  the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of  the Foreign Trade Policy (FTP), 2004-2009, as amended, the Central Government hereby makes the following amendments in FTP, 2004-2009 (Updated as on 19.4.2007).

 

2.                    Para 6.2(h) of FTP, 2004-2009  shall be substituted by the following:

 

“ Procurement and export of spares/components upto 5% of  FOB value of exports may be allowed to same consignee/buyer of the export article, subject to the condition that it shall not count for NFE and direct tax benefits.”

               

This issues in Public interest. 

Sd/-

(R.S.Gujral)

Director General of Foreign Trade and

Ex Officio Additional Secretary to the Government of India

 

(Issued from File. No. 01/92/180/  89 /AM08/PC-II)