X

Clarification on term ‘Duty’ under Sl. No. 3 of Appendix 3A of FTP 2015-2020

It is clarified that the term Duty used in respect of the items listed in Appendix 3A is to be read as Basic Customs duties only and not all Customs duties (including BCD=SAD/IGST)

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI

POLICY CIRCULAR NO. 7/2015-2020

Dated: May 23, 2018

To

1. All Exporters/Members of Trade
2. All Regional Authorities of DGFT.
3. All Customs Authorities

Subject: Clarification on the term ‘Duty’ under Sl.No. 3 of Appendix- 3A of Foreign Trade Policy 2015-2020.

This Directorate has received reference seeking clarification on whether the term “Duty” appearing in Appendix-3A, SI. No. 03 is “Basic Customs Duty” only or all Customs duties (including BCD + SAD/IGST)

2. The issue has been examined in this Directorate. It is clarified that the term “Duty” used in respect of the items listed in Appendix 3A is to be read as “Basic Customs duties” only and not “all Customs duties (including BCD=SAD/IGST)”

3. This is issued with the approval of the Competent Authority.

[Issued from File No. 01/61/180/7/AM19/PC-3]

(Lokesh H D)
Joint Director General of Foreign Trade

Categories: DGFT
X

Headline

Privacy Settings