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Amendment in Para 3.18(a) of FTP 2015-20

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..... nferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendments in the Foreign Trade Policy (FTP) 2015-2020 with immediate effect: Presently, para 3.18 (a) of FTP 2015-20 reads as under. "Duty Credit Scrip can be utilised / debited for payment of .....

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..... can be utilised /debited for payment of Custom Duties in case of EO defaults for Authorizations issued under Chapters 4 and 5 of previous FTPs as well. The Para 3.18 (a) of FTP 2015-20 has been amended to bring more clarity on the utilization of Duty Credit Scrips for payment of Customs Duties in case of EO defaults. (A. K. Bhalla) Director General of Foreign Trade E-mail: [email protected] (Issued .....

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