Amendment in Para 2.25 of Foreign Trade Policy, 2015-20.

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..... 2.25 of Foreign Trade Policy, 2015-20. S.O. 1723 (E): In exercise of powers conferred by Section 3 and Section 5 of the FT(D R) Act, 1992 , read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020 , as amended from time to time, the Central Government hereby amends Para 2.25 of Foreign Trade Policy (FTP), 2015-2020 as under: Existing Para 2. .....

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..... ught as gifts, is prohibited except for life saving drugs / medicines/ oxygen concentrators and Rakhi (but not gifts related to Rakhi). The exemption for oxygen concentrators is allowed only for a period till 31 July 2021 for personal use. Explanation: 1 .Rakhi (but not gifts related to Rakhi) will be covered under Section 25(6) of Customs Act. 1962 that reads ..no duty s .....

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