Advance Authorisation - Amendment to FTP

By Vijay Kumar

PARA 4.1.6 of the Foreign Trade Policy reads as,

Advance Authorisations necessitate exports with a minimum value addition of 15 %, except for items in Gems & Jewellery sector, for which value addition would be as per paragraph 4 A.2.1 of HBP v.1.

Now this is amended to read as:

“Advance Authorisation necessitates exports with a minimum value addition of 15%, except for items specified in Appendix 11B of HBP v1 and for items in Gems & Jewellery Sector, for which value addition would be as per paragraph 4A.2.1 of HBP v1.”

DGFT Notification No. 31/2009-2014, Dated: February 16, 2010