Export policy alignment with Finance Act amendments: consultation invited for Schedule II ITC(HS) 2022, submissions required within seven days. DGFT issues a consultative Trade Notice seeking stakeholder comments within seven days to align Schedule-II (Export Policy) of ITC(HS) 2022 with Finance Act, 2025 amendments. Annexure I proposes insertions and substitutions to Chapter and Supplementary Notes (e.g., definitions for 'Rice, GI recognised' and 'makhana' and extensive replacements in Chapters 29 and 38). Annexure II sets out HS code-level changes including deletions, reclassifications and revised policy conditions (Free/Restricted) and inspection certificate requirements for specific tariff items.
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Export policy alignment with Finance Act amendments: consultation invited for Schedule II ITC(HS) 2022, submissions required within seven days.
DGFT issues a consultative Trade Notice seeking stakeholder comments within seven days to align Schedule-II (Export Policy) of ITC(HS) 2022 with Finance Act, 2025 amendments. Annexure I proposes insertions and substitutions to Chapter and Supplementary Notes (e.g., definitions for "Rice, GI recognised" and "makhana" and extensive replacements in Chapters 29 and 38). Annexure II sets out HS code-level changes including deletions, reclassifications and revised policy conditions (Free/Restricted) and inspection certificate requirements for specific tariff items.
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