TIOL-DDT 2421 · Friday, 22 August 2014 · story 4 of 5

FTP - Quantity of input to be allowed under Advance Authorisation/DFIA shall be in proportion to the quantity of input actually used/consumed in production

GOVERNMENT has amended the Foreign Trade Policy to stipulate that:

in case in any SION, a single quantity has been indicated against number of inputs (more than one input), then quantities of such inputs to be permitted for import shall be in proportion to the quantity of these inputs actually used/consumed in production, within overall quantity against such group of inputs. Proportion of these inputs actually used/consumed in production of export product shall be clearly indicated in shipping bills.

DGFT Notification No. 90(RE-2013)/2009-2014, Dated: August 21 2014