Amendment in import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC (HS), 2017, Schedule - I (Import Policy) - 17/2015-2020 - Foreign Trade Policy
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Steel imports now require SIMS registration with fee, advance online filing and registration number for customs clearance. Import policy for specified iron and steel items in Chapters 72, 73 and 86 is revised from free to free subject to compulsory registration under the Steel Import Monitoring System (SIMS). Importers must submit advance online information, obtain an automatic Registration Number on payment of a fee based on CIF value, apply within the prescribed advance window, and record the Registration Number and expiry in the Bill of Entry to enable customs clearance.
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Steel imports now require SIMS registration with fee, advance online filing and registration number for customs clearance.
Import policy for specified iron and steel items in Chapters 72, 73 and 86 is revised from free to free subject to compulsory registration under the Steel Import Monitoring System (SIMS). Importers must submit advance online information, obtain an automatic Registration Number on payment of a fee based on CIF value, apply within the prescribed advance window, and record the Registration Number and expiry in the Bill of Entry to enable customs clearance.
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