TMI BlogAmendment in FTP (RE-2012)(2009-2014)X X X X Extracts X X X X X X X X Extracts X X X X ..... -2012) /2009-2014 New Delhi, the 26 July, 2012 Subject : Amendment in FTP (RE-2012)(2009-2014) S.O (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 amends with immediate effect para 5.2A , 9.12 , 5.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt and machinery imported under the EPCG scheme. In case of plant and machinery not imported under the EPCG scheme, c.i.f. value of import of the spares etc. will be limited to 10% of the book value of the plant and machinery. 3. Definition of Capital Goods in Para 9.12 of FTP has been amended and will now read as under: "Capital Goods" means any plant, machinery, equipment or accessories ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed and will now read as under: Bank Guarantee (BG) shall be equivalent to the duty saved. BG can be given by CSP or by any one of the users or a combination thereof, at the option of the CSP . 5. Sub-Para (a) of Para 5.11 of FTP has been amended and will now read as under : Post Export EPCG Duty Credit Scrip (s) shall be available to exporters who intend to import capita ..... X X X X Extracts X X X X X X X X Extracts X X X X
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