Amendment in Para 1.05(b) of Foreign Trade Policy 2015-2020

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..... 015-2020. S.O. 1756 (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time ot time, the Central Government hereby amends the provision in Para 1.05 (b) of the Foreign Trade Policy (2015-20) on Transitional Arrangements as under: 1.05: Transitional Arrangements Existing Para Revised .....

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..... ithin 15 days of the imposition of any such restriction or regulation. (b) Item wise Import/Export Policy is delineated in the ITC (HS) Schedule I and Schedule Il respectively. The importability/ exportability of a particular item is governed by the policy as on the date of import/export. The date of import/ export is defined in para 2.17 of HBP, 2015-20. Bill of Lading and Shipping Bill are the .....

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..... jurisdictional RA against computerized receipt within 15 days of imposition of any such restriction/regulation. Whenever, Government brings out a policy change of a particular item, the change will be applicable prospectively (from the date of Notification) unless otherwise provided for. 2. Effect of this Notification: Transitional Arrangements provision has been detailed under para 1.05 (b) o .....

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