Amendment in the FTP, 2023 for import of inputs
Amendment in Para 2.03(A) (i) (g) of the Foreign Trade Policy (FTP), 2023 laying down enabling provisions for import of inputs, that are subjected to mandatory Quality Control Orders (QCOs), by Advance Authorisation holders, EOU and SEZ – Notification No. 20/2025-26
S.O. (E) In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.03 of the Foreign Trade Policy (FTP), 2023, the Central Government hereby makes the following amendments relating to Advance Authorisation in Para 2.03(A) (1) (g) of FTP, 2023, notified vide Notification No. 71/2023 dated 11.03.2024, with immediate effect:
| Existing Para 2.03(A) (i) (g) | Revised Para 2.03(A) (i) (g) |
| The Export Obligation period for such authorizations shall be as per 4.40 of Handbook of Procedures. However, EO period is restricted to 180 days from the date of clearance of import consignments in respect of QCO exemption for textile and chemical Products, notified by Ministry of Textiles and Department of Chemicals & Petrochemicals (DCPC) respectively. | The Export Obligation period for such authorizations shall be as per 4.40 of Handbook of Procedures. However, EO period is restricted to 180 days from the date of clearance of import consignments in respect of QCO exemption for textile and chemical Products, notified by Ministry of Textiles and Department of Chemicals & Petrochemicals (DCPC) respectively. |
Effect of this Notification:
The Export Obligation Period against the import of the products that are subjected to mandatory QCOs by the Ministry of Textiles, under Advance Authorisation shall be as per Para 4.40 of Handbook of Procedures. This issued with the approval of Minister of Commerce & Industry.
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