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of <h1>India Amends Iron & Steel Import Policy with New Conditions in ITC (HS) Chapters 72, 73, and 86.</h1> The Government of India has amended the import policy for Iron & Steel, incorporating new policy conditions in Chapters 72, 73, and 86 of the ITC (HS), 2017, Schedule I. Effective from November 21, 2019, the Steel Import Monitoring System (SIMS) will govern the import of listed items. A one-time relaxation for obtaining SIMS registration is provided until November 20, 2019. This amendment is issued under the Foreign Trade Policy 2015-2020 and modifies previous notifications, ensuring compliance with updated import regulations.
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