The DGFT vide Public Notice No. 50/2023 dated March 11, 2024, has updated the Foreign Trade Policy (FTP), 2023 by introducing a new Appendix 2Y. This amendment, made in adherence to Notification No. 71/2023 dated March 11, 2024, comes into effect immediately. Appendix 2Y enumerates the Ministries/Departments whose notifications on mandatory Quality Control Orders (QCOs) are exempted by the DGFT for goods that are to be utilized or consumed in the manufacturing of export products.
In exercise of powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy (FTP), 2023, the Director General of Foreign Trade hereby makes amendment in the list of Ministries/Departments whose notifications on mandatory QCOs, that are exempted by the DGFT for goods to be utilised/consumed in manufacture of export products. Accordingly, list of Ministries/Departments is updated in supersession of Public Notice No. 47/2023 dated March 07, 2024. The updated Appendix 2Y is reproduced herewith :
Appendix -2Y
(Refer Para 2.03(c) of FTP)
The list of Ministries/Departments whose notifications on mandatory QCOs, that are exempted by the DGFT’ for goods to be utilised/consumed in manufacture of export products.
|
Sl. No |
Name of Ministry / Department |
| 1 |
Ministry of Steel |
|
2 |
Department for Promotion of Industry and Internal Trade (DPIIT) |
| 3 |
Ministry of Textiles |
Effect of this Public Notice:
In pursuance of Notification No. 71/2023 dated 11.03.2024, a new Appendix 2Y under FTP, 2023 has been created with immediate effect and list of Ministries/Departments whose notifications on mandatory QCOs, that are exempted by the DGFT for goods to be utilised/consumed in manufacture of export products, have been updated.
The Public Notice can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/03/PN-50-E-11.03.2024.pdf