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of <h1>Clarification on 'Stock Lot' Import Rules: Paper Imports Under ITC (HS) 4810 Now 'Free' with Specific Descriptions.</h1> The Directorate General of Foreign Trade issued a clarification regarding the term 'Stock Lot' in Notification No. 45/2015-2020, which initially prohibited the import of Stock Lot under HSN Code 4810. The clarification states that the import of various paper types under ITC (HS) 4810 is now 'Free,' provided importers specify the paper description and quantities at the 8-digit ITC (HS) level. A Stock Lot refers to consignments without specific descriptions for each paper category. Customs will verify descriptions before allowing imports and will not permit bundled consignments under ITC (HS) 4810. Importers are advised to request new tariff lines if necessary.
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