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) - 32/2015-2020 - Foreign Trade Policy
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SIMS implementation for iron and steel imports requires SIMS registration, with a transitional one time registration grace period. The import policy is amended to subject specified iron and steel items listed in the Annex to the Shipments Identification and Monitoring System (SIMS), modifying paragraph (e) of the policy conditions; Bills of Entry for those items on or after the notified effective date will be governed by SIMS, and a one time transitional relaxation is provided to allow importers time to obtain SIMS registration.
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SIMS implementation for iron and steel imports requires SIMS registration, with a transitional one time registration grace period.
The import policy is amended to subject specified iron and steel items listed in the Annex to the Shipments Identification and Monitoring System (SIMS), modifying paragraph (e) of the policy conditions; Bills of Entry for those items on or after the notified effective date will be governed by SIMS, and a one time transitional relaxation is provided to allow importers time to obtain SIMS registration.
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