DGFT notified regarding the Amendment in Para 2.31 of the Foreign Trade Policy, 2023 and ITC HS 2022 Schedule 1 Import Policy

May 20, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Directorate General of Foreign Trade (DGFT) on May 20, 2024, notified regarding the Amendment in Para 2.31 of the Foreign Trade Policy, 2023 and ITC HS 2022 Schedule 1 Import Policy.

The following has been stated:

• In Para 2.31(1 (b)) of the Foreign Trade Policy, 2023, Para 2 (C) of the General Notes regarding Import Policy and Policy Conditions 2 of Chapter 84, Policy Condition no. 5 & 7 of Chapter 85 and Policy Condition no. 1 of chapter 94 of Import Policy (schedule 1) ITC HS 2022 have been amended in light of re-notification of "Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2012 as Electronics and Information Technology goods (Requirement of Compulsory Registration) Order, 2021 under BIS Act 2016.

[Notification No 13/2024-25]


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