DGFT amends the import policy conditions of items under ITC HS 0802 80 10 of Chapter 08 of ITC (HS), 2022, Schedule I (Import Policy)

Sep 28, 2022 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on September 28, 2022, issued a notification to amend the import policy conditions of items under ITC HS 0802 80 10 of Chapter 08 of ITC (HS), 2022, Schedule I (Import Policy). 

The following revised policy condition has been stated:

• However, import is free if CIF value is Rs. 251/- and above per Kilogram. 

• Import of 17,000 Metric Tonnes of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall be allowed from Bhutan every year. Such imports are allowed only: 

o through LCS Jaigaon (INJIGB) only and

o shall be subject to valid a Registration Certificate issued by DGFT

[Notification No. 36 /2015-2020]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT