Subject: Amendment in policy condition of items classified under Exim Code 8803 of Chapter 88 of ITC (HS), 2012 - Schedule - 1 (Import Policy).
In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the policy condition of items classified under Exim Code 8803 of Chapter 88 of ITC (HS), 2012 - Schedule - 1 (Import Policy).
2. The existing import policy conditions of the items classified under Exim Code 8803 in Chapter 88 of ITC (HS), 2012 Schedule I (Import Policy) are as under:
3. The revised import policy conditions of the items classified under Exim Code 8803 in Chapter 88 of ITC (FIS), 2012 Schedule I (Import Policy) shall be as under:
4. Effect of this Notification: Hereafter, there is no requirement for 'recommendation from DGCA' for import of reconditioned / second hand aircraft parts.
(Anup Wadhawan)
Director General of Foreign Trade
[Issued from F.No. 01/93/180/95/AM-10/PC-2 (B)]