DGFT allows EoU/STP/BTP units to subcontract part of production abroad and send intermediate goods without permission;


NOTIFICATION NO

31 (RE-2007)/2004-2009., Dated: October 4, 2007

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy (FTP), 2004-2009, as amended, the Central Government hereby makes the following amendments in FTP, 2004-2009 (Updated as on 19.4.2007).

1 Para 6.14 (b) (iv) shall be amended to read as under:

“(iv) EOU/EHTP/STP/BTP units may subcontract part of production process abroad and send Intermediate products abroad as mentioned in LOP. No permission would be required when goods are sought to be exported from subcontractor premises abroad. When goods are sought to be brought back, prior intimation to concerned Development Commissioner and Customs authorities shall be given”

This issues in Public interest.

File. No. 01/92/180/143 /AM08/PC-II

(R.S.Gujral)
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India

 

 

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