VISHESHKRISHI AND GRAM UDYOGYOJANA - DGFT amends FTP to specify capital goods

By Vijay Kumar

Para 3.8.3.of the Policy has been amended to read

“The Duty Credit may be used for import of inputs or goods including Capital Goods, which are otherwise freely importable under ITC(HS) classifications of Export and Import Items”

Earlier it read,

The Duty Credit may be used for import of inputs or goods, which are otherwise freely importable under ITC (HS) Classifications of Export and Import Items,

NOTIFICATION No.35, (RE-2006)/ 2004-2009, Dated: October 5, 2006