DGFT Clarifies Import Rules: Hot Rolled Products Not in Coils Under Code 7208 Allowed Without License (Nov 2008-Feb 2009.
The Directorate General of Foreign Trade issued a circular regarding the restriction on the import of Hot Rolled Coils under ITC(HS) Code 7208, as per Notification No. 63 dated 21.11.2008. Initially, there was confusion about whether the restriction applied to all items under Code 7208. During the period from 21.11.2008 to 18.02.2009, some imports were allowed without a license due to this uncertainty. To address importers' grievances, it was clarified that imports of Hot Rolled Products not in Coils during this period could be cleared without a license. This decision was approved by the competent authority.
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