Clarification regarding DGFT Notification No. 4 & 5

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..... of DGFT Subject: Clarification regarding DGFT Notification No. 4 & 5 The Directorate General of Foreign Trade has been receiving a number of queries seeking clarification on the Notification No 04/2015-20 dated 25th April, 2018 vide which the import policy of Peas under Chapter 7 of the ITC(HS) 2017 has been amended In the matter, it has been observed that even though the Notification clearly .....

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..... on No. 4 restricting import of peas was issued only on 25.4.2018. In this regard, please refer to Notification No. 5 dated 25.4.2018 wherein the revised Para 1.05 of FTP (2015-20) clarifies that 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. (S.P. Roy) Jt. DGFT shya .....

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