DGFT notified regarding the amendment in the policy of specific ITC (HS) codes under chapter 71 of Schedule - I (Import Policy) of ITC (HS) 2022

Jun 11, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on June 11, 2024, notified regarding the amendment in the policy of specific ITC (HS) codes under chapter 71 of Schedule - I (Import Policy) of ITC (HS) 2022.

The following has been stated namely: -

• It states that the Import Policy of ITC (HS) Code 71131912, 71131913, 71131914, 71131915, and 71131960 has been amended from "Free" to "Restricted" with immediate effect.

• It states that the Import Policy of ITC (HS) Code 71131912, 71131913, 71131914, 71131915, and 71131960 shall be permitted without restricted import authorization under a valid INDIA-UAE CEPA TRQ.

[Notification no. - 17/2024-25]


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