Exemption from DGFT licence to operate air transport services if permission from MCA

By | June 22, 2016
(Last Updated On: June 22, 2016)

MINISTRY OF COMMERCE AND INDUSTRY

(Department of Commerce)

(DIRECTORATE GENERAL OF FOREIGN TRADE)

NOTIFICATION New Delhi, the 20th June, 2016

No. 10 /2015-2020

Subject: Amendment in policy condition 1 (e) of Chapter 88 of ITC (HS), 2012 – Schedule – 1 (Import Policy).

S.O. 2153(E).— In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the Policy Condition 1 (e) of Chapter 88 of ITC (HS), 2012 – Schedule – 1 (Import Policy) as under:

air dgft

2. Effect of this Notification: Policy condition 1 (e) of Chapter 88 of ITC (HS), 2012 is being revised to indicate exemption from DGFT licence for persons who have been granted permission to operate air transport services by Ministry of Civil Aviation and thereon DGCA has granted permission to import aircraft on that basis.

[F.No. 01/89/180/22/AM-12/PC-2 (A)]

AJAY KUMAR BHALLA,

Director General of Foreign Trade

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