Just a moment...
We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic
• Quick overview summary answering your query with references
• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced
• Includes everything in Basic
• Detailed report covering:
- Overview Summary
- Governing Provisions [Acts, Notifications, Circulars]
- Relevant Case Laws
- Tariff / Classification / HSN
- Expert views from TaxTMI
- Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.
Help Us Improve - by giving the rating with each AI Result:
Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
QCO exempts manufacturers for import of 200 bicycle reflectors for R&D
Amendment of QCO to ensure quality product development attracting investments
In order to enable ease of doing business, Department for Promotion of Industry and Internal Trade (DPIIT) has amended the Bicycle Retro-Reflective Devices (Quality Control) Order, 2020 notified on 9th July, 2020 and is effective from 1st July, 2023.
Following relaxations have been introduced in the Bicycle Retro-Reflective Devices (Quality Control) Order vide notification dated 17th October, 2024:
(a) Exemption for import of 200 Nos. of bicycle reflectors for the purpose of research and development (R&D) by manufacturers of such goods and articles through a specific provision
(b) Exemption for import of Bicycles Reflectors by bicycles manufacturers in India for export purpose, subject to certain conditions.
The QCO on Bicycle Retro-Reflective Devices (Quality Control) Amendment Order, 2024 is one of the many initiatives for quality ecosystem development, attracting investments and fostering entrepreneurial talent that places paramount importance on product quality. The compliance with the Standards will promote growth in the corridors of performance, durability, and dependency. India is, therefore, poised to be recognized as the manufacturing hub of premium quality goods on the back of a strong Industry-Government partnership as homegrown brands are set to capture a significant market share by fostering consumer trust.
The Make in India initiative, launched in September 2014, aims to transform India into a global manufacturing hub. During the successful 10 years of make in India initiative, Quality control orders (QCOs) are one of the initiatives, which played a crucial role in the success of Make in India. By reinforcing quality at every stage of production, QCOs support the broader goals of the Make in India initiative, promoting sustainable growth and development in the manufacturing sector.
In line with the Prime Minister’s call for “Zero Defect - Zero Effect” manufacturing, QCOs are established to ensure product quality and consumer safety. QCOs are issued in accordance with the WTO Agreement on Technical Barriers to Trade (TBT). DPIIT has been issuing QCOs since 1987, covering 81 QCOs for over 330 products under the Bureau of Indian Standards (BIS) Act, including goods like: Cement, LPG Gas Stoves, Pressure Cookers, Air Conditioners & Refrigerators etc.
As emphasized by the Prime Minister, a ‘Made in India’ product should be of supreme quality to enable carrying forward the essence of excellence. The guiding force behind these initiatives is to create awareness among the manufacturers and service providers across the supply chain about quality. Going forward, DPIIT shall continue to adopt a well-calibrated approach for maintaining the momentum for promotion of a quality-oriented mindset while leveraging on India’s prowess in manufacturing and exports.
R&D import exemption for bicycle reflectors enables limited testing imports to ease compliance and support export readiness. Amendment creates a specific R&D import exemption allowing manufacturers to import a limited number of bicycle reflectors for research and development, and an export-linked exemption permitting imports of reflectors by bicycle manufacturers for incorporation into exported bicycles, both subject to conditions and compliance with product quality standards, to facilitate ease of doing business and bolster domestic manufacturing competitiveness.Press 'Enter' after typing page number.