Notification No-31(RE-2001)/97-02 dated 14.9.2001
Import of vehicles - Modification of conditions******
S.O (E) - In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely –
2. The conditions relating to import of vehicles (as classified under Chapter 87 of ITC(HS) Classifications of Export and Import Items, 1997-2002), as per Notification No. 4(RE-2001)/97-02 dated 31.03.2001, shall not be applicable on imports made under the provisions of aforementioned Public Notice No. 3 dated 31.03.2000. However, these imports shall be subject to the condition that, the vehicle should have right hand steering and controls(applicable on vehicles other than 2 and 3 wheelers).
3. The import of vehicles (as classified under Chapter 87 of ITC(HS) Classifications of Export and Import Items, 1997-2002 ) by Foreign Diplomats and Other Privileged Persons in this category, who are exempt from payment of customs duty, shall be exempt from all the conditions of Notification no. 4(RE-2001)/97-02 dated 31.03.2001. However, such imported vehicles cannot be sold in India except to another diplomat or privileged person and are compulsorily required to be re-exported. This exemption shall be applicable on all imports made subsequent to 31.03.2001.
This issues in public interest.
(N.L. LAKHANPAL)
DIRECTOR GENERAL OF FOREIGN TRADE