NOTIFICATION NO. 43/2008, DT. 23/09/2008

NOTIFICATION NO. 43/2008, DT. 23/09/2008

VKGUY, FMS and FPS, benefits can be claimed either by the supporting manufacturer or by the company / firm

S.O (E)-In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby makes the following amendment in Foreign Trade Policy RE2006 and RE2007:

1. The following sentence is added at the end of paragraph 3.12.8 of FTP RE2007:-

“However, for VKGUY, FMS and FPS, benefits can be claimed either by the supporting manufacturer (along with disclaimer from the company / firm who has realized the foreign exchange directly from overseas) or by the company / firm who has realized the foreign exchange directly from overseas.”

2. The following is added as paragraphs 3.8.2.3, 3.9.2.4, 3.10.2.4 in FTP RE2006:-

“However, benefits can be claimed either by the supporting manufacturer (along with disclaimer from the company / firm who has realized the foreign exchange directly from overseas) or by the company / firm who has realized the foreign exchange directly from overseas.”

This issues in Public Interest.

Sd/-

(R.S. GUJRAL)
DIRECTOR GENERAL OF FOREIGN TRADE
AND EX-OFFICIO ADDITIONAL SECRETARY
TO THE GOVT. OF INDIA

(Issued from File No. 01/94/180/1024/AM08/PCI)