Amendment in Para 8.4.4(iv) of FTP.

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..... 14 New Delhi, the 28th December,2011 Subject : Amendment in Para 8.4.4(iv) of FTP S.O. 2916 (E):- In exercise of the powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 , as amended, read with paragraph 1.3 of the Foreign Trade Policy, 2009-2014 , the Central Government hereby makes the following amendments in Paragraph 8.4.4 (iv) of .....

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..... ndent Power Producer (IPP) / Engineering and Procurement Contract (EPC) stage. However, in regard to mega power projects, the requirement of ICB would not be mandatory, if the requisite quantum of power has been tied up through tariff based competitive bidding or if the project has been awarded through tariff based competitive bidding. Benefit of deemed exports shall also be available for renov .....

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..... enefits as mentioned in paragraph 8.3 ( a), (b) and (c) of FTP, whichever is applicable. 3. Effect of this amendment : Supplies to non mega power projects shall henceforth be entitled to benefits for Deemed Exports only under Para 8.3(a) of FTP, viz., Advance Authorisation / Advance Authorisation for annual requirement / DFIA. (Anup K. Pujari) Director General of Foreign Trade .....

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