Date: 2024-06-06Category: Not ApplicableState: 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.
**Summary:**
Notification No. 16/2024-25, dated June 06, 2024, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, amends Para 2.30A(i) of the Foreign Trade Policy (FTP) 2023. This amendment, enacted under Section 3 and 5 of the Foreign Trade (Development and Regulation) Act, 1992, introduces enabling provisions for exempting inputs imported by Advance Authorisation holders, Export Oriented Units (EOU), and Special Economic Zones (SEZ) from mandatory Quality Control Orders (QCOs). The notification also restricts the Export Obligation (EO) period to 180 days from the date of clearance of import consignments for textile and chemical products, as notified by the Ministry of Textiles and the Department of Chemicals and Petrochemicals (DCPC) respectively. DCPC has been notified in Appendix 2Y of FTP, 2023. The revised policy aims to facilitate imports under these schemes while ensuring compliance. For further information, contact the Director General of Foreign Trade at dgft@nic.in, referencing File No. 01/89/180/13/AM15/PC2[AE5910].
Key Entities Referenced
Directorate General of Foreign Trade: A department under the Ministry of Commerce and Industry, responsible for implementing foreign trade policy.
Foreign Trade Development Regulation Act, 1992: Indian legislation that provides the legal framework for the development and regulation of foreign trade.
Foreign Trade Policy FTP, 2023: The current foreign trade policy of India, outlining guidelines and objectives for promoting exports and regulating imports.
Advance Authorisation: A scheme under the Foreign Trade Policy that allows duty-free import of inputs required for export production.
Export Oriented Unit (EOU): An industrial unit focused on export production and availing of certain benefits.
Special Economic Zone (SEZ): A specifically delineated duty-free enclave, treated as a foreign territory for trade operations and duties and tariffs.
Quality Control Orders (QCOs): Mandatory quality standards imposed on certain products to ensure quality and safety.
Ministry of Textiles: A ministry of the Government of India responsible for the formulation of policy, planning, development and regulation of the textile industry.
[To be Published in the Gazette of India Extraordinary Part-Il, Section - 3, Sub-Section (ii)]
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan
Notification No. 16 /2024-25
New Delhi, Dated the oe June, 2024
Subject: Enabling provisions for import of inputs that are subjected to
mandatory Quality Control Orders (QCOs) by Advance Authorisation
holders, EOU and SEZ - Regarding.
S.O. (E) In exercise of powers conferred by Section 3 read with Section 5 of the
Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended,
read with Para 1.02 and 2.03 of the Foreign Trade Policy (FTP), 2023, the Central
Government hereby makes the following amendments relating to Advance
Authorisation in para 2.30(A) (i)(g) of FTP, 2023, notified vide Notification No.
71/2023 dated 11.03.2024, with immediate effect (changes made are indicated in
bold letters):
Existing Policy Revised Policy
{para 2.30(A) (i) (9)] [para 2.30(A) (i) (9)]
The Export Obligation period for such\The Export Obligation period for such
authorizations shall be as per 4.40 offauthorizations shall be as per 4.40 of
Handbook of Procedures. However, EO\Handbook of Procedures. However, EO}
period is restricted to 180 days from thelperiod is restricted to 180 days from the
date of clearance of import consignmentsjdate of clearance of import consignments}
in respect of QCO exemption for textilelin respect of QCO exemption for textile
Products. land chemical Products, notified by)
Ministry of Textiles and Department of
Chemicals & Petro-chemicals (DCPC)
respectively.
Effect of this Notification: Enabling provisions are made for exempting inputs
imported by Advance Authorisation holders, EOU and SEZ, from mandatory Quality
Control Orders (QCOs). Also, DCPC have been notified in Appendix 2Y of FTP,
2023. The EO Period for the products of Ministry of Textiles and the DCPC is
restricted to 180 days from the date of clearance of import consignments in
respect of QCO exemption.
This issue with the approval of the Minister of Commerce & Industry.
oe
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex-Officio Additional Secretary to the Government of India
E-mail: dgft@nic.in
[Issued from File No.01/89/180/13/AM-15/PC-2[A]/E-5910]