WHAT IS GST?
GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....
Read moreTO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
PART-II, SECTION-3, SUB SECTION (ii)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO. 13 (RE-2012)/2009-2014
NEW DELHI: Dated: 28th August, 2012
Subject : Amendment in ITC (HS) 2012 Schedule 1 – Import Policy.
S.O. (E): In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in Schedule 1 – Import Policy of ITC (HS) – 2012, under Chapter 87, Para 2 (II) (a) (iv):-
2. Para 2 (II) (a) of chapter 87 lists certain conditions that every new vehicle being imported to the country must satisfy. Of these conditions, sub para (iv) of para 2(II)(a) is amended by adding a new sentence “The country of manufacture will also mean a Single Market like the European Union (EU)” after the existing sentence. Accordingly, the amended para would read as :-
“ 2 (II) the import of new vehicles shall be subject to the following conditions:
a. The new vehicle shall-
(i) have a speedometer indicating the speed in Kilometers per hour;
(ii) have right hand steering, and controls (applicable on vehicles other than two and three wheelers);
(iii) have photometry of the headlamps to suit “keep-left” traffic’; and
(iv) be imported from the country of manufacture. The country of manufacture will also mean a Single Market like the European Union (EU).”
3. Effect of this Notification: In the phrase “the country of manufacture” in para 2(II) a (iv) of Chapter 87, the words ‘the country’ would include a Single Market like the EU.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail : dgft@nic.in
[Issued from File No. 01/89/180/04/AM-11/PC-2(A)]
