TMI BlogRegarding implementation of Duty Free Import Authorisation Scheme under FTP 2015-2020X X X X Extracts X X X X X X X X Extracts X X X X ..... d Duty Free Import Authorisation issued by the Regional Authority in terms of paragraphs 4.25 and 4.27 of the Foreign Trade Policy (hereinafter referred to as the said authorisation) from the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) , subject to the following conditions, namely :- (i) that the said authorisation is produced before the proper officer of customs at the time of clearance for debit; (ii) that Standard Input Output Norms (SION) number, description, quantity and Free on Board value of the resultant product exported and the shipping bill number(s) and date(s) are endorsed on the said authorisation: Provided ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 15- Customs dated 01.04.2015 or a Special Economic Zone notified under section 4 of the Special Economic Zones Act, 2005 (28 of 2005) : Provided that the Commissioner of Customs may, by special order or a public notice and subject to such conditions as may be specified by him, permit import and export through any other sea-port, airport, inland container depot or through a land customs station within his jurisdiction; (vi) that the exports as specified in the said authorisation (both in value and quantity terms) were fulfilled within the period specified in paragraph 4.29 of the Foreign Trade Policy by exporting resultant products, manufactured in India, which are specified in the said authorisation: Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dated the 1st April 2015 as amended from time to time; (II) Manufacture has the same meaning as assigned to it in paragraph 9.31 of the Foreign Trade Policy; (III) Materials means,- (a) raw materials, components, intermediates, consumables, catalysts and parts which are required for manufacture of resultant product; (b) packaging materials required for packing of resultant product; (IV) Regional Authority means the Director General of Foreign Trade appointed under section 6 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) or an officer authorised by him to grant an authorisation under the said Act. [F.No.605/55/2014-DBK] (Sanjay Kumar) Under Secretary to the Government of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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