Import policy for specified Chapter 71 goods under ITC (HS) 2022 is revised with immediate effect, converting several items from free to restricted or from restricted to free, and attaching Policy Condition No. 7 where specified. The new condition exempts imports by 100% EOUs and SEZ units, subject to the goods not being sold into the Domestic Tariff Area, and also exempts imports under the Gems and Jewellery export schemes. Platinum alloys containing more than 1% gold by weight remain restricted, and certain silver or gold content items are restricted as stated. The notification overrides transitional arrangements under FTP 2023 and applies regardless of prior contracts, letters of credit, advance payments, or shipment status.
Import policy for specified Chapter 71 goods under ITC (HS) 2022 is revised with immediate effect, converting several items from free to restricted or from restricted to free, and attaching Policy Condition No. 7 where specified. The new condition exempts imports by 100% EOUs and SEZ units, subject to the goods not being sold into the Domestic Tariff Area, and also exempts imports under the Gems and Jewellery export schemes. Platinum alloys containing more than 1% gold by weight remain restricted, and certain silver or gold content items are restricted as stated. The notification overrides transitional arrangements under FTP 2023 and applies regardless of prior contracts, letters of credit, advance payments, or shipment status.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
