The Directorate General of Foreign Trade (DGFT) on August 03, 2023, issued a notification to amend the Import Policy of Items under HSN 8471 of Chapter 84 of Schedule-I (Import Policy) of ITC (HS), 2022.
The following amendments under Chapter 84 of Schedule - I (Import Policy) of ITC (HS) 2022:
Policy condition No. 04 of Chapter 84 is introduced as under:
i. Import of Laptops, Tablets, All-in-one Personal Computers, and Ultra small form factor Computers and Servers falling under HSN 8741 shall be 'Restricted' and their import would be allowed against a valid Licence for Restricted Imports.
ii. The said Restriction shall not be applicable to Imports under Baggage Rules, as amended from time to time.
iii. Exemption from Import Licencing requirements is provided for the Import of 1 Laptop, Tablet, All-in-one Personal Computer, or Ultra small form factor Computer, including those purchased from e-commerce portals, through post or courier. Imports shall be subject to payment of duty as applicable.
iv. Exemption from import licence is provided for up to 20 such items per consignment for the purpose of R&D. Testing, Benchmarking and Evaluation, repair and re-export, and Product Development purposes. Given imports shall be allowed subject to the condition that the imported goods shall be used for the stated purposes only and will not be sold Further, after the intended purpose, the products would either be destroyed beyond use or re-exported.
v. In reference to para 2.28 of the FTP regarding the re-import of goods repaired abroad, the licence for Restricted Imports shall not be required for the repair and return of said items.
vi. Laptops, Tablets, All-in-one Personal Computers, and Ultra small form factor Computers and Servers which are an essential part of a Capital Good shall be exempted from the import licencing requirements.
[Notification No. 23/2023]
