Ministry of Finance TheDollarBusiness

Amendment in policy condition of items classified under Exim Code 8803

Dated 16th December, 2015 | Copy of | Notification No.27/2015-2020 |

  In exercise of powers conferred by Section 3 of 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 the policy condition of items classified under Exim Code 8803 of Chapter 88 of ITC (HS), 2012 – Schedule-1 (Import Policy).

2. The existing import policy conditions of the items classified under Exim Code 8803 in Chapter 88 of ITC (HS), 2012 Schedule I (Import Policy) are as under:

IMPORT

  3. The revised import policy conditions of the items classified under Exim Code 8803 in Chapter 88 of ITC (HS), 2012 Schedule I (Import Policy) shall be as under:

EXPORT

  4. Effect of this Notification: Hereafter, there is no requirement for ‘recommendation from DGCA’ for import of reconditioned/second hand aircraft parts.

 Sd/- (Anup Wadhawan) Director General of Foreign Trade

F.No.01/93/180/95/AM-10/PC-2 (B) Issued by: Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi

The Dollar Business Bureau - Dec 17, 2015 12:00 IST