Home India Ministry of Commerce and Industry In exercise of powers conferred under paragraph 204 of the F...
Date: 2019-12-30 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred under paragraph 204 of the Foreign Trade Policy

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** This Public Notice, No. 51/2015-2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, extends the validity of recognition for Preshipment Inspection Agencies (PSIAs). Specifically, the validity of PSIAs listed in Appendix 2G of the Appendices and Aayat Niryat Forms (AANF) of the Foreign Trade Policy 2015-20, whose recognition was set to expire on December 31, 2019, is extended until March 31, 2020. This extension also applies to PSIAs whose validity had already been extended to December 31, 2019. The decision is made under the powers conferred by paragraph 2.04 of the Foreign Trade Policy 2015-20, with relaxation of Para 2.55 d of the Handbook of Procedure, 2015-20. The Director General of Foreign Trade, Amit Yadav, issued the notice on December 30, 2019. The file number for reference is F. No. 01/538/AM20/PSIA-2/IC.

Key Entities Referenced

Ministry of Commerce and Industry: The Indian governmental ministry responsible for international trade and commerce. Directorate General of Foreign Trade: The agency of the Indian government responsible for implementing the Foreign Trade Policy. Foreign Trade Policy 2015-20: The Indian government's policy document outlining guidelines and regulations for import and export activities during the period 2015-2020. Preshipment Inspection Agencies (PSIAs): Agencies recognized under the Foreign Trade Policy for conducting pre-shipment inspections. Appendix 2G of AANF: A specific list within the Aayat Niryat Forms (AANF) that includes the list of recognised Preshipment Inspection Agencies (PSIAs). Amit Yadav: Director General of Foreign Trade, who issued the Public Notice. New Delhi: The location where the public notice was issued. Handbook of Procedure, 2015-20: A document providing detailed procedures related to the Foreign Trade Policy 2015-20.
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