Central Government notifies the Exim Codes introduced/deleted /split/merged/changed in description vide the Finance (No. 2) Act 2019 dated 1 August 2019 - 31/2015-2020 - Foreign Trade Policy
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Import policy alignment: Exim code revisions under ITC (HS) 2017 enforce varied Free, Restricted, Prohibited and conditional import regimes. The Central Government, under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and paragraph 2.01 of the Foreign Trade Policy, notifies amendments to ITC (HS) 2017 Schedule-1 to align import policy entries with the Finance (No. 2) Act, 2019. The Notification assigns Free, Restricted, Prohibited, State Trading Enterprises or Deleted status to specified Exim codes and imposes item-specific policy conditions including quotas, Actual User restrictions, chapter-based licensing and standards or RBI/WPC compliance; effectiveness is subject to concurrent amendment of the Customs Tariff First Schedule.
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Provisions expressly mentioned in the judgment/order text.
Import policy alignment: Exim code revisions under ITC (HS) 2017 enforce varied Free, Restricted, Prohibited and conditional import regimes.
The Central Government, under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and paragraph 2.01 of the Foreign Trade Policy, notifies amendments to ITC (HS) 2017 Schedule-1 to align import policy entries with the Finance (No. 2) Act, 2019. The Notification assigns Free, Restricted, Prohibited, State Trading Enterprises or Deleted status to specified Exim codes and imposes item-specific policy conditions including quotas, Actual User restrictions, chapter-based licensing and standards or RBI/WPC compliance; effectiveness is subject to concurrent amendment of the Customs Tariff First Schedule.
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