Compulsory industrial licensing removed for specified ITC(HS) codes, altering licensing requirements under the Industries Act. The Central Government, exercising powers under the Industries (Development and Regulation) Act, 1951, amends Schedule II to omit ITC(HS) Codes 22.03, 22.04, 22.05, 22.06 and 22.08 from serial number 3 of the list of industries for which compulsory industrial licensing is required; the omission takes effect on publication in the Official Gazette as a further amendment to the principal notification S.O.477(E).
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Compulsory industrial licensing removed for specified ITC(HS) codes, altering licensing requirements under the Industries Act.
The Central Government, exercising powers under the Industries (Development and Regulation) Act, 1951, amends Schedule II to omit ITC(HS) Codes 22.03, 22.04, 22.05, 22.06 and 22.08 from serial number 3 of the list of industries for which compulsory industrial licensing is required; the omission takes effect on publication in the Official Gazette as a further amendment to the principal notification S.O.477(E).
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