The Director General of Foreign Trade(DGFT) through notification dated 31st August, 2021 has Amended the ITC (HS) 2017, (Import Policy) to revise the list of entities allowed to import aircraft and helicopters without obtaining import license from DGFT. International Financial Leasing Centre (IFSC) based Aircraft Leasing Entity is allowed to import aircraft and helicopters without obtaining import license from DGFT.
Consultation paper on Maintenance of Record of Mandatory Communication by Regulated Entities
It is proposed that the regulated entities maybe mandated to maintain the record of all such communication, which are mandated to be communicated under the