Dated 10th July 2013
Government of India, Ministry of Commerce and Industry, Department of Commerce vide Its Notification No. 07(Re-2013)/ 2009-2014 Dated The 18th April, 2013 hereby amends, with immediate effect, Para 5.1 of the Foreign Trade Policy (RE-2013)/2009-14.
A new sub-para (g) is being inserted after para 5.1(f) of FTP as under:
“5.1(g) Authorization under EPCG Scheme shall not be issued for import of any Capital Goods (including Captive plants and Power Generator Sets of any kind) for
- Export of electrical energy (power)
- Supply of electrical energy (power) under deemed exports
- Use of power (energy) in their own unit, and
- Supply/export of electricity transmission services.”
Effect of Notification:
Import of Capital Goods for production/transmission of energy(power) will no longer be available.
SOURCE: GOVT. OF INDIA, Ministry of Commerce and Industry