Amendment in Para 5.1 of the Foreign Trade Policy 2009-14. - 07(RE-2013)/ 2009-2014 - Foreign Trade Policy

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION No. 07(RE-2013)/ 2009-2014 NEW DELHI, DATED THE 18 th April, 2013 In exercise of powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.2 of the Foreign Trade Policy 2009-2014, the Central Government hereby amends, with immediate effect, Para 5.1 of the Foreign Trade Policy (RE-2013)/2009-14. A new sub-para (g) is being inserted after para 5.1(f) of FTP as under: 5.1(g) Authorization under EPCG Scheme shall not be issued for import of any Capital Goods (including Captive plants and Power Generator Sets of any kind) for i. Export of electrical energy (power) ii. Supply of electrical energy (power) under deemed exports iii. Use of power (energy) in their own unit, and iv. Supply/export of electricity transmission services. Effect of Notification: Import of Capital Goods for production/transmission of energy(power) will no longer be available. (Anup K. Pujari) Director General of Foreign Trade E-mail: dgft@nic.in (Issued from F. No. 18/176/AM-12/EPCG-II)