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Amendment in Para 2.47 of FTP 2015-20

Circular No. ES/229/2018-19                                                                     September 28, 2018 

To: Members of the Council

Sub: Amendment in Para 2.47 of FTP 2015-20

Dear Member,

The Council would like to inform you that O/o DGFT has issued Notification No. 36/2015- 2020 dated 27th September, 2018 by making amendments in Para 2.47 relating to Export through Courier Service/ Post under  FTP 2015-20. The value limit for exports through post has been removed but there is a value limit of Rs. 5,00,000 in case of overseas shipments through courier services.

Relevant extract of the Notification No. 36/2015- 2020 is as follows:

Existing  Para 2.47 of FTP 2015-2020

Amended Para 2.47 of FTP 2015-2020

Exports through a registered courier service is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ ITC (HS), 2017. The value limit for such exports through courier service and Post shall be Rs. 5,00,000 per consignment.

Exports through a registered courier service/ Foreign Post Office is permitted as per Notification issued by DoR. However, exportability of such items shall be regulated in accordance with FTP/ Export Policy in ITC (HS), 2018. The value limit for such exports through courier service shall be Rs. 5,00,000 per consignment.

Members may kindly make a note of the above.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

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