Harmonisation of export policy: DGFT proposes an 8 digit ITC(HS) Schedule II and invites comments by 27 Nov 2024. DGFT proposes to replace description based export policy with a harmonised Schedule II using 8 digit ITC(HS) codes aligned to Finance Act, 2024 tariff codes; an updated draft for Chapters 01-98 is circulated for consultation, comments invited by 27.11.2024, after which the draft will be finalised and notified. The draft preserves chapter level Free/Restricted/Prohibited classifications and commodity specific policy and licensing conditions referencing CITES, Wild Life (Protection) Act, APEDA registration, pre shipment inspection, health and origin certificates, and specialised certification regimes where applicable.
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Harmonisation of export policy: DGFT proposes an 8 digit ITC(HS) Schedule II and invites comments by 27 Nov 2024.
DGFT proposes to replace description based export policy with a harmonised Schedule II using 8 digit ITC(HS) codes aligned to Finance Act, 2024 tariff codes; an updated draft for Chapters 01-98 is circulated for consultation, comments invited by 27.11.2024, after which the draft will be finalised and notified. The draft preserves chapter level Free/Restricted/Prohibited classifications and commodity specific policy and licensing conditions referencing CITES, Wild Life (Protection) Act, APEDA registration, pre shipment inspection, health and origin certificates, and specialised certification regimes where applicable.
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