Notification No.33 (RE-2012) /2009-2014,

New Delhi, the 8th February, 2013

Subject: Amendment in FTP (RE-2012)(2009-2014)- Post Export EPCG Scheme

S.O (E) : In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, as amended, read with paragraph 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government hereby amends with immediate effect para 5.11 of Foreign Trade Policy, 2009-2014 (RE 2012).

2. The existing Sub-Para (b) of Para 5.11of FTP which reads as under has been amended:-

“Duty paid on capital goods (excluding portion CENVATed/ Rebated) shall be remitted in the form of freely transferable duty credit scrip(s)”.

The amended Sub-Para (b) of Para 5.11of FTP will now read as under:

“Basic Customs duty paid on Capital Goods shall be remitted in the form of freely transferable duty credit scrip(s), similar to those issued under Chapter 3 of FTP.”

3. Effect of this amendment :

It is clarified that duty credit scrips issued under Post Export EPCG Scheme will be issued only in respect of basic customs duty and will have the same features as Chapter 3 scrips.

(Anup K. Pujari)

Director General of Foreign Trade

E-mail: dgft@nic.in

(Issued from F.No. 18/08/AM 13/Pol-5)

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