Government of India
Ministry of Commerce &Industry
Department of Commerce
Directorate General of Foreign Trade
Notification No. 06/2015-2020
New Delhi, Dated the 3rd May, 2016
Subject: Amendment in Para 5.04 (h) of FTP 2015-2020
S.O.(E) In exercise of the powers conferred 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 5.04 (h) of FTP 2015-20 reads as under:
”5.04 Export Obligation (EO)
(h) Payment received in rupee terms for such Services as notified in Appendix
3E shall also be counted towards discharge of export obligation under the EPCG
scheme.”
After amendment the amended Para 5.04 (h) of FTP 2015-2020 shall read
as under:
”5.04 Export Obligation (EO)
(h) Payment received in rupee terms for such Services as notified in Appendix
5D shall also be counted towards discharge of export obligation under the EPCG
scheme.”
Effect of this Notification: A new Appendix 5D is being notified containing list
of services, payments for which are received in Rupee terms and which are to be
counted for fulfilment of Export Obligation under EPCG scheme.
(Anup Wadhawan )
Director General of Foreign Trade
E-mail: [email protected]
(Issued from File No. 18/110/AM-16/PC-5)
|