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DGFT NOTIFICATION NO. 54/2005
dated 17.03.2006
International Competitive Bidding - agencies/funds - legal agreements provide
for tender
S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade
(Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign
Trade Policy, 2004-2009, the Central Government hereby makes the following
amendments in the Foreign Trade Policy, 2004-2009:
Sub-para 8.2(d) shall be amended as under:
“(d) Supply of goods to projects financed by multilateral or bilateral
agencies/funds as notified by the Department of Economic Affairs, Ministry of
Finance under International Competitive Bidding in accordance with the
procedures of those agencies/funds, where the legal agreements provide for
tender evaluation without including the customs duty;
Supply and installation of goods and equipment (single responsibility of turnkey
contracts) to projects financed by multilateral or bilateral agencies/funds as
notified by Department of Economic Affairs, Ministry of Finance under
International Competitive Bidding in accordance with the procedures of those
agencies/funds, which the bids may have been invited and evaluated on the basis
of Delivered Duty Paid (DDP) prices for the goods manufactured abroad”.
This issues in Public interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India
(Issued from F.No.01/92/180/133/AM06/PC.II)