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ARTICLE · 31 MARCH 2021

India Regulatory & Trade Highlights - November 2020

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Revision of export policy for the following, subject to specified conditions

IndiaInternational Law
S&A Law Offices
S&A Law Offices
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FOREIGN TRADE

a. Revision of export policy for the following, subject to specified conditions:

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b. Ban on import of air conditioners (AC) with refrigerants covering both split system and other kinds. [Notification No. 41/2015-2020 dated October 15, 2020]

c. Benefit of Duty Free Import Authorisation (DFIA) scheme on import of tyres not allowed. [Notification No. 38/2015-2020 dated October 06, 2020]

d. Due date for submission of documents for fulfilment of export obligation under advance authorizations expiring between February 01 to October 31, 2020 extended till December 31, 2020. [Public Notice No. 26/2015-2020 dated October 16, 2020]

e. Steel manufactures allowed to claim Duty Drawback extended on supply of steel through service centers/distributors/dealers/Stock yards. [Notification No. 35/2015-2020 dated October 1, 2020]

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