N 62/2024

To be published in the Gazette of India Extraordinary Part-ll, Section-3, Sub-Section (ii)

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 62 /2023 New alietVintedlsSEO Ecbcosen ux Delhi, Dated: 29 February, 2024

Subject: Amendment in Para 2.39 of the Foreign Trade Policy, 2023 - reg.

S.O. (E): In exercise of powers conferred by Section 5 of Foreign Trade (Development &Regulation) Act, 1992, read with paragraph 1.02 of the Foreign Trade Policy, 2023, as amended from time to time, the Central Government hereby amends Para 2.39 of Foreign Trade Policy, 2023 as under:

Merchanting trade involving shipment offMerchanting trade involving shipment of goods from one foreign country to anothergoods from one foreign country to anothe foreign country without touching Indianjforeign country without touching Indian ports, ports, involving an Indian intermediary islor shipment of goods within one specific allowed subject to compliance with RBllforeign country, involving an_ Indian guidelines, except for goods/items in thelintermediary is allowed subject to compliance CITES and SCOMET list. ith RBI guidelines, except for goods in the CITES, or under SCOMET.

Effect of the Notification: Merchanting Trade carried out within one specific foreign country is permitted subject to compliance with RBI guidelines, except for goods listed in the CITES Appendices, or under SCOMET.

This is issued with the approval of Minister of Commerce & Industry.

(Santosh Kumar Sarangi) Ex-officio Director General of Foreign Trade & Addl. Secretary to Government of India Email: dgft@nic.in

(Issued from File No. 01/93/180/40/AM-20/PC-I| [BJ/E-23463)