NOTIFICATION No. 07(RE-2013)/ 2009-2014
NEW DELHI, DATED THE 18th April, 2013
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.2 of the Foreign Trade Policy 2009-2014, the Central Government hereby amends, with immediate effect, Para 5.1 of the Foreign Trade Policy (RE-2013)/2009-14.
A new sub-para (g) is being inserted after para 5.1(f) of FTP as under:
“5.1(g) Authorization under EPCG Scheme shall not be issued for import of any Capital Goods (including Captive plants and Power Generator Sets of any kind) for
i. Export of electrical energy (power)
ii. Supply of electrical energy (power) under deemed exports
iii. Use of power (energy) in their own unit, and
iv. Supply/export of electricity transmission services.”
Effect of Notification: Import of Capital Goods for production/transmission of energy(power) will no longer be available.
(Anup K. Pujari)
Director General of Foreign Trade
But Para 5.1 (g) already exists in FTP 2009-14, is it replaced with above Para ??