DGFT clarifies on Implementation of Paper Import Monitoring System (PIMS)

Jul 05, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on July 05, 2022 has issued circular to provide clarity on Implementation of Paper Import Monitoring System (PIMS) with reference to the applicability of PIMS at the time of import at SEZ/FTWZ/EOU and further import into DTA.

After considering the facts and examining the matter the following have been clarified:

(1) PIMS Registration shall be required at the point of import by a Unit in SEZ/FTWZ or at the time of import by an EOU of the items covered under PIMS.

(ii) PIMS Registration shall not be required by the DTA Unit at the time of Customs Clearance from the SEZ/FTWZ/EOU to DTA if no processing has taken place of the item of paper that has already been registered under PIMS at the time of entry into a SEZ/FTWZ/EOU. However, if processing has taken place in the SEZ/FTWZ/EOU with change in HS Code at 8-Digit level, then the importer in DTA will require to register under PIMS, if the processed item falls under any of the tariff lines covered under PIMS.

[Policy Circular No. 41/2015-2020]


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