FTP -Retrospective Amendments to Foreign Trade Policy 2015-2020
GOVERNMENT has amended the Foreign Trade Policy 2015-2020 with effect from 1st April 2015.
Para 2.06: Mandatory documents for export / import of goods from / into India: Lorry Receipt/Railway Receipt/Postal Receipt added to Bill of Lading/Airway Bill.
Definition of Service Provider. The Foreign Trade Policy defines service provider as person providing:
(i) Supply of a 'service' from India to any other country; (Mode 1- Cross border trade)
(ii) Supply of a 'service' from India to service consumer(s) of any other country in India; (Mode 2 - Consumption abroad). [in India is added now]
(iii) Supply of a 'service' from India through Commercial presence in any other country. (Mode 3 - Commercial Presence.)
(iv) Supply of a 'service' from India through the presence of natural persons in any other country (Mode 4 - Presence of natural persons.)
DGFT Notification No.8/2015-2020., Dated June 04 2015