N 24/2003

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GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY

NOTIFICATION No 24 / 2002-07 NEW DELHI: the 15th January, 2003

In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.1 of the Export and Import Policy, 2002-07, the Central Government hereby amends/corrects the Export and Import Policy, 2002-07 as under:

1. Para 6.9 (h) is amended as under: “Supplies of Information Technology (ITA-I) items and notified non ITA-I items, provided that the items are manufactured in the unit and attract zero rate of basic customs duty.” ( This amendment permits the counting of DTA sales of certain non ITA-I items as given in S.No 9 of Appendix 14 B of Handbook ( Vol 1) to be counted for NFEP/ EP under the EOU/ EPZ/ EHTP/ STP scheme.)
2. Para 7.8 ( vii) is amended as under: “Supplies of Information Technology (ITA-I) items and notified non ITA-I items, provided that the items are manufactured in the unit and attract zero rate of basic customs duty.” ( This amendment permits the counting of DTA sales of certain non ITA-I items as given in S.No 9 of Appendix 14 B of Handbook ( Vol 1) to be counted for NFEP under the SEZ scheme.)

c customs duty.” ( This amendment permits the counting of DTA sales of certain non ITA-I items as given in S.No 9 of Appendix 14 B of Handbook ( Vol 1) to be counted for NFEP under the SEZ scheme.)

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This issues in public interest.

(L.Mansingh) Director General of Foreign Trade Ex officio Addl Secretary to the Government of India

(A.B.Menon) Dy. Director General of Foreign Trade (F.No: 01/94/180/20/AM03/PC-IV)