Whether the import of CPU is restricted as the clarification dated January 12, 2024 on import poicy for products under HS 8471 did not specifically mentioned the same.?
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Whether the import of CPU is restricted as the clarification dated January 12, 2024 on import poicy for products under HS 8471 did not specifically mentioned the same.?
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We understand that Central Processing Unit sought to be imported, is classifiable under HSN: 8471 5000.
As per DGFT N/N 23/2023, dated 03-08-2023, the import policy condition for goods falling under HSN: 8471 5000 has been changed to 'RESTRICTED'. Thus, import of CPU per se will be restricted vide NN 23/2023.
Though CPU is not specifically mentioned in the Notification, CPU is classified as processing unit and covered under HSN 847150 which is " Restricted" vide Notification No. 23/2023 as stated by the expert Narayana Chambers
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