Date: 05-Nov-2024Category: Extra OrdinaryState: Union GovernmentCountry: India
Enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders QCOs by Advance Authorisation holders EOU and SEZ regarding
This public notice from the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, amends Appendix 2Y of the Foreign Trade Policy (FTP) 2023. Appendix 2Y lists Ministries/Departments whose mandatory Quality Control Orders (QCOs) are exempted by the DGFT for goods used in manufacturing export products.
The amendment adds the Ministry of Heavy Industries to the list of exempted Ministries/Departments.
Key Changes
Addition of the Ministry of Heavy Industries to Appendix 2Y of the FTP 2023. This means that QCOs issued by the Ministry of Heavy Industries will now be exempted for inputs used in the manufacture of export products by Advance Authorisation holders, Export Oriented Units (EOUs), and Special Economic Zones (SEZs).
The amendment is effective immediately, following Notification No. 71/2023 dated March 11, 2024.
Impact Analysis
Impact on Exporters
Action Item: Exporters should review their supply chains to identify any potential benefits from this amendment. They may need to update their import procedures and documentation accordingly.
Impact on Importers
Action Item: Importers should review their export-oriented supply chains and update their procedures to take advantage of the exemption.
Impact on Government Agencies
Action Item: Relevant government agencies should update their internal procedures and guidelines to reflect the changes in Appendix 2Y.
Key Entities Referenced
Directorate General of Foreign Trade (DGFT): The issuing authority of the public notice, responsible for regulating foreign trade in India.
Ministry of Commerce and Industry: The parent ministry under which the DGFT operates.
Foreign Trade Policy (FTP) 2023: The overarching policy document governing India's foreign trade, which includes Appendix 2Y.
Appendix 2Y of FTP 2023: A list of Ministries/Departments whose mandatory Quality Control Orders (QCOs) are exempted by the DGFT for inputs used in export manufacturing.
Ministry of Heavy Industries: The newly added entity to the exempted list in Appendix 2Y.
Notification No. 71/2023: The notification dated March 11, 2024, which forms the basis for the current amendment.
Advance Authorisation holders, EOUs, and SEZs: Entities that benefit from the exemption on QCOs for inputs used in export manufacturing.
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असाधारण
EXTRAORDINARY
भाग I—खण्ड 1
PART I—Section 1
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
PUBLIC NOTICE
New Delhi, the 5th November, 2024
No. 31 /2024-25
Subject : Enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders
(QCOs) by Advance Authorisation holders, EOU and SEZ - regarding.
F. No. 01/89/180/13/AM-15/PC-2[A]/E-5910.—In exercise of powers conferred under paragraph 1.03 and
2.04 of the Foreign Trade Policy (FTP), 2023, the Director General of Foreign Trade hereby makes amendment in
Appendix 2Y ( the list of Ministries/Departments whose notifications on mandatory QCOs that are exempted by the
DGFT for goods to be utilized /consumed in manufacture of export products) . The updated Appendix 2Y is
reproduced herewith:
Appendix -2Y
(Refer Para 2.03(c) of FTP)
The list of Ministries/Departments whose notifications on mandatory QCOs, that are exempted by the DGFT
for goods to be utilized/consumed in manufacture of export products.
(Changes made are in bold letters)
Sl.No Name of Ministry / Department
1 Ministry of Steel
2 Department for Promotion of Industry and Internal Trade (DPIIT)
3 Ministry of Textiles
4 Ministry of Mines
5 Department of Chemicals and Petrochemicals
6 Ministry of Heavy Industries
Effect of this Public Notice:
In pursuance of Notification No. 71/2023 dated 11.03.2024, Ministry of Heavy Industries have been added in the list
of Ministries/ Department under Appendix 2Y of FTP 2023, with immediate effect.
SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex- officio Addl. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.