Executive Summary:
This notification amends Policy Condition 1 of Chapter 88 of ITC HS, 2012 Schedule 1 Import Policy, concerning the import of aircraft and helicopters. The amendment updates the list of organizations that can import these items without an import license. It is effective as of October 9, 2015.
Key Points / Main Content:
Amendment Overview:
* Amends Policy Condition 1 of Chapter 88 of ITC HS, 2012 Schedule 1 Import Policy.
Revised Policy Condition 1:
* Aircraft and Helicopters (including used/second-hand) may be imported without an import license from the Directorate General of Foreign Trade (DGFT) by the following:
* Air India
* Pawan Hans Limited
* Airport Authority of India
* Indira Gandhi Rashtriya Uran Academi (IGRUA) and other flying clubs/academies recognized by the Ministry of Civil Aviation, Government of India
* Persons granted permission by the Director General of Civil Aviation (DGCA) for operating Scheduled or Non-Scheduled Air Transport Services (including Air Taxi Services), provided import and use align with the permission.
Effect of Notification:
* The list of Organizations under Policy Condition 1 of Chapter 88 of ITC HS, 2012 Schedule 1 Import Policy is updated.
Impact Analysis:
Organizations Previously Listed:
* Impact: Organizations like Indian Airlines, Vayudoot Limited, National Airports Authority, and International Airports Authority of India, which were previously allowed to import aircraft and helicopters without a license from the directorate, are removed from the list.
* Action Required: These organizations must now adhere to the revised policy condition to import aircraft and helicopters.
Organizations Currently Listed:
* Impact: Organisations currently listed like Air India, Pawan Hans Limited, Airport Authority of India, Indira Gandhi Rashtriya Uran Academi (IGRUA) and other flying clubs/academies recognized by the Ministry of Civil Aviation, Government of India and Persons granted permission by the Director General of Civil Aviation (DGCA) benefit from the updated policy condition.
* Action Required: Ensure compliance with the revised policy condition when importing aircraft and helicopters.
Directorate General of Foreign Trade (DGFT):
* Impact: The DGFT is now the relevant authority for issuing import licenses under this policy condition.
* Action Required: Process import requests according to the updated policy and conditions.
Director General of Civil Aviation (DGCA):
* Impact: The DGCA is the relevant authority for granting permission for operating scheduled or non-scheduled air transport services and air taxi services.
* Action Required: Grant permissions and ensure compliance with the permission granted.
Key Entities Referenced
Foreign Trade Policy 2015-2020: A trade policy document referenced in the notification for amendment.
Foreign Trade Development and Regulation Act, 1992: An act of the Indian Parliament that confers powers to the Central Government regarding foreign trade.
ITC HS, 2012 Schedule 1 Import Policy: Indian Trade Classification based on Harmonized System, which is a classification system used for import and export. Chapter 88 specifically relates to Aircraft and Helicopters.
Air India: A major Indian airline, mentioned as an entity allowed to import aircraft under certain conditions.
Pawan Hans Limited: A helicopter service provider in India, listed as an entity permitted to import aircraft under specific conditions.
Indira Gandhi Rashtriya Uran Akademi (IGRUA): A flying training institute in India, mentioned as an entity that can import aircraft with certain recognitions.
Ministry of Civil Aviation: The Government of India ministry responsible for the regulation of civil aviation, responsible for recognizing flying clubs/academies and granting permissions.
Directorate General of Foreign Trade: The agency of the Ministry of Commerce and Industry in India responsible for implementing foreign trade policy and import/export regulations.