Amendment in Chapter 7 of the Foreign Trade Policy 2015-20

{TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION:3, Sub Section (ii)} GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION No.28 /2015-2020 NEW DELHI, DATED T HE3) October, 2019 Subject: Amendment in Chapter 7 of the Foreign Trade Policy 2015-20 —regd.

S.O(E): In exercise of powers conferred by Section

Regulation) Act, 1992 (No. 22 of 1992, as amended fr hereby makes the following amendments in Chapter 7 effect from 5.12.2017: 15 of Foreign Trade om time to time), the Ce of the Foreign Trade Policy 2015-20 with (Development & —<xisting Provision Existing Provision Deemed Export Drawback for B Drawback for BCD Conditions for refund of deemed export drawback ae ___ Amended Provision Conditions for refund of deemed export drawback Supplies will be eligible for deemed export drawback as per para 7.03 (b) Supplies will be eligible for deemed of FTP, as under: export drawback as per para 7.03 (b) of FTP, as under: The refund of drawback in the form of Basic Customs duty of the inputs used in manufacture and supply under the said category shall be given on brand rate basis upon submission of documents evidencing actual payment of basic custom duties Refund of drawback on the inputs used in manufacture and supply under the Said category can be claimed on ‘All Industry Rate’ of Duty Drawback Schedule notified by Department of Revenue from time to time provided no CENVAT credit has been availed by supplier of goods on excisable inputs or on ‘Brand = Rate Basis’ submission of documents eviden actual payment of basic custom dut upon cing 68. _ Effect of this Notification: Refund of drawback of Duty paid on inputs is also allowed on All Industry Rate. (B.B. Swain) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India [Issued from File No. 01/92/180/21/AM-19/PC-VI]