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31(RE-2009)/2009-14, Dated: 16/02/2010
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TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART –II
SECTION –3, SUB SECTION (ii)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION No. 31 /2009-14
New Delhi, Dated the 16th February 2010
Subject: Amendment in paragraph 4.1.6 related to Value Addition under Advance Authorisation scheme.
S.O (E) – In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with Para 1.3 of the Foreign Trade Policy (FTP), 2009-14, the Central Government hereby makes the following amendment in Foreign Trade Policy:
1. The first sentence of Paragraph 4.1.6 stands amended as follows:
“Advance Authorisation necessitates exports with a minimum value addition of 15%, except for items specified in Appendix 11B of HBP v1 and for items in Gems & Jewellery Sector, for which value addition would be as per paragraph 4A.2.1 of HBP v1.”
This issues in Public Interest.
Sd/-
(R.S. Gujral)
Director General of Foreign Trade and
Ex-Officio Special Secretary to the Government of India
(Issued from File No. 01/94/180/FTP/09-10/AA/AM10/PC4)
