Mobile Phones under 2% Additional Ad Hoc Incentive (Para 3.25 of FTP) Eligible for Customs Duty Set Off

[Customs Notification No. 14 dated 14^th February 2020]

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 24/2015- Customs, dated the 8^th April, 2015, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 269 (E), dated the 8^th April, 2015, namely:-

In the said notification,-

(a) in the opening paragraph, after clause (b), the following proviso shall be inserted, namely:-

“Provided that the said scrip, against which goods when imported into India are exempted from duties mentioned in clauses (a) and (b) above, may include duty credit provided under the 2% Additional Ad Hoc Incentive in terms of paragraph 3.25 of the Foreign Trade Policy.”;

(b) in paragraph 2, in condition (1), after clause (b), the following proviso shall be inserted, namely:-

“Provided that the duty credit in the said scrip under the 2% Additional Ad Hoc Incentive shall be issued against export of following goods, namely:-

(i) Mobile phones, other than push button type; and

(ii) Mobile phones, push button type,

falling under HS Codes/tariff lines 85171211 and 85171219 respectively of ITC (HS) 2017 with let export order dates from the 1^st January 2020 to the 31^st March 2020. ”.

[F. No. 605/04/2020-DBK]