DGFT notified regarding the implementation of an older notification related to the amendment of the export policy of Human Hair

Feb 14, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance

The Directorate General of Foreign Trade (DGFT) on February 13, 2024, notified regarding the implementation of an older Notification No. 51/2015-2020 dated January 25, 2022 related to the amendment of the export policy of Human Hair unworked, whether or not washed or scoured; waste of human hair under S.No.38 B, HS Code 0501, of Chapter 05 of Schedule — 2 of the ITC (HS) Export Policy from 'Free' to 'Restricted'.

The following has been stated:

• It has been stated that to streamline the procedure for issuance of Authorization for the export of human hair during 2024-25, subject to a Minimum Export Price (MEP) of USD 55000/MT, it has been decided to invite applications from exporters.

• The procedure to apply for the export authorization is:

1. The Export of human hair under HS Code 0501 of Chapter 05 of ITC (HS), 2018, Schedule —II (Export Policy) will be allowed for the period from April 01, 2024 to March 31, 2025, for the year 2024-25.

2. The Exporters can apply online through DGFT's ECOM system for Export Authorizations (Non-SCOMET Restricted Items) (Please refer to Trade Notice No.03/2021-22 dated May 10, 2021. There is no need to send a hard copy of the application via mail or post).

3. The Online applications for the export of human hair under HS Code 0501 filed from February 16, 2024, to February 29, 2024, will only be considered.

4. All the applications will be examined as per Para 2.72 of Handbook of Procedure, 2023.

5. Only 1 application per IEC will be considered during this period.

Deficient applications, applications received through e-mails or by post or received beyond the specified timeline will not be considered.

[Notification No 37/2023-24]

 


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