Date: 2016-05-24Category: Extra OrdinaryState: Union GovernmentCountry: India
In exercise of powers conferred under paragraph 2 04 of the Foreign Trade Policy 2015 2020 the Director General of Foreign Trade hereby makes amendment
Executive Summary:
This Public Notice, dated May 24, 2016, issued by the Directorate General of Foreign Trade, amends Appendix 1A and Appendix 6J of the Foreign Trade Policy (FTP) 2015-20. The amendment includes the Indore Special Economic Zone (SEZ) within the specified appendices of the FTP, updating the jurisdiction and contact information. This inclusion aims to facilitate trade operations within the Indore SEZ.
Key Points / Main Content:
* **Amendment Overview:**
* The Foreign Trade Policy (FTP) 2015-20 is amended.
* Appendix 1A and Appendix 6J of the FTP are specifically updated.
* **Inclusion of Indore Special Economic Zone (SEZ):**
* Indore SEZ is now included in Appendix 1A and Appendix 6J of the FTP 2015-20.
* This inclusion pertains to the jurisdiction of Special Economic Zones as per paragraph 6.34 of the Handbook of Procedure of 2015-2020.
* **Details of Indore SEZ:**
* **Appendix 1A:** Lists the Development Commissioner/Joint Development Commissioner of Indore SEZ, along with contact information (phone: 9107292256532, email: sezindoreyahoo.co.in) and territorial jurisdiction (Units situated in Indore Special Economic Zones and EOUSEZs situated in Madhya Pradesh).
* **Appendix 6J:** Lists the Development Commissioner/Deputy Development Commissioner/Assistant Development Commissioner, Indore Special Economic Zone, Sector II, Pithampur, Distt. Dhar Madhya Pradesh. Website: www.indoresez.nic.in and Fax: 07314290586
Impact Analysis:
* **Importers and Exporters operating within Indore SEZ:**
* Impact: The inclusion of Indore SEZ in Appendix 1A and 6J formalizes its status under the FTP 2015-20, potentially streamlining trade processes and providing clarity on applicable regulations.
* Action Required: Review updated appendices to ensure compliance with FTP 2015-20 and leverage benefits from being a recognized SEZ.
* **Development Commissioners and relevant authorities of Indore SEZ:**
* Impact: Formal recognition under FTP 2015-20 requires adherence to policy guidelines and reporting requirements.
* Action Required: Ensure all operations align with the FTP, update contact information, and disseminate relevant information to units within the zone.
Key Entities Referenced
Foreign Trade Policy 2015-2020: A trade policy document which is being amended by this notification.
Director General of Foreign Trade: The authority making the amendment to the Foreign Trade Policy.
Appendix 1A: An appendix of the Foreign Trade Policy 2015-2020 that is being amended.
Appendix 6J: Another appendix of the Foreign Trade Policy 2015-2020 that is being amended.
Aayat Niryat Forms: Forms related to import and export, associated with the Foreign Trade Policy.
Indore Special Economic Zone: A special economic zone located in Madhya Pradesh, India, which is the subject of the notification.
Madhya Pradesh: The state in India where the Indore Special Economic Zone is located.
Anup Wadhawan: The Director General of Foreign Trade who signed the public notice.