FOREIGN TRADE POLICY

Miscellaneous changes MISCELLANOUS CHANGES

▪ A status holder (being a manufacturer-cum-actual user holding 2-star or above status) who has already submitted its application for grant of AEO is eligible to apply for this scheme, subject to prescribed conditions.

 Minimum value addition

▪ In case of spices, the minimum value addition shall be 25%.

 Ineligible categories of import on Self Declaration basis

▪ All items with a basic custom duty of more than 30% will not be eligible for import under selfdeclaration basis.

 Pre-import condition

▪ The provision in the previous policy about import of drugs from unregistered sources to have preimport condition is removed. It remains to be seen whether the same gets listed in Appendix 4-J, which lists import items subject to pre-import condition.