India Removes Import Restrictions on Patrol Boats, Vehicles
The Indian government has removed import restrictions on patrol boats, air-cushion vehicles, and remote-operated vehicles, allowing free imports with immediate effect.
New Delhi, Jan 29 (PTI) The government on Wednesday removed import restrictions on certain kinds of patrol boats and vehicles with immediate effect, according to a notification.
The Directorate General of Foreign Trade (DGFT) said the import policy of patrol or surveillance boats, air-cushion vehicles, and remote-operated vehicles is "revised from restricted to free with immediate effect".
Import of these items stood at USD 0.46 million in April-November this fiscal. They are mainly imported from France, Germany, Hong Kong and the UK.
In a separate notice, the DGFT said it has introduced an online module for filing annual RoDTEP returns.
Under the Remission of Duties and Taxes on Exported Products (RoDTEP), various central and state duties, taxes, and levies imposed on input products, among others, are refunded to exporters. The current RoDTEP rates are in the range of 0.3 per cent to 4.3 per cent.
The Directorate General of Foreign Trade (DGFT) said the import policy of patrol or surveillance boats, air-cushion vehicles, and remote-operated vehicles is "revised from restricted to free with immediate effect".
Import of these items stood at USD 0.46 million in April-November this fiscal. They are mainly imported from France, Germany, Hong Kong and the UK.
In a separate notice, the DGFT said it has introduced an online module for filing annual RoDTEP returns.
Under the Remission of Duties and Taxes on Exported Products (RoDTEP), various central and state duties, taxes, and levies imposed on input products, among others, are refunded to exporters. The current RoDTEP rates are in the range of 0.3 per cent to 4.3 per cent.
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