Subject: Amendment in Para 2.47 of FTP 2015-2020.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 of the Foreign Trade Policy, 2015-2020, the Central Government hereby makes the following amendment in the Foreign Trade Policy 2015-2020 with immediate effect:
2.
2.47
Exports through a registered courier service is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ ITC (HS), 2017.The value limit for such exports through courier service and Post shall be Rs 5,00,000 per consignment
Exports through a registered courier service/Foreign Post Office is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ Export Policy in ITC (HS), 2018. The value limit for exports through courier service shall be Rs 5,00,000 per consignment
Effect of this Notification: The value limit stipulated on exports through Post in para 2.47 of the FTP has been done away with. The value limit of Rs.5,00,000/- will be applicable only in case of courier exports.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade &
Ex-Officio Additional Secretary to the Government of India
Email: dgft@nic.in
[Issued from File No. 01/61/180/16/AM 17/PC-3]