DGFT amended the import policy of Used IT Assets

Jan 02, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on January 01, 2024, issued the amendment to Para 2.31 of the Foreign Trade Policy, 2023.

The following has been stated namely: -

• The import policy of Used IT Assets (Laptops, desktops, monitors, printers) – Import from Special Economic Zone (SEZ) to Domestic Tariff Area (DTA) has been amended.

• The Import policy is restricted unless prescribed conditions are met.

 

[Notification No. 56/2023]


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