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of <h1>DGFT Updates ITC (HS) Import Policy: Changes in Codes, Notes, and Descriptions as per Finance Act 2022.</h1> The notification issued by the Directorate General of Foreign Trade (DGFT) announces amendments to the ITC (HS) 2022 Schedule-1 Import Policy to align with the Finance Act, 2022. The changes involve the introduction, deletion, amendment, splitting, and merging of various ITC (HS) codes, with specific details provided in annexures. The modifications also include updates to section notes, chapter-wise main notes, supplementary notes, and descriptions of ITC (HS) codes. The updated import policy is effective immediately and is accessible on the DGFT website. The notification has been approved by the Ministry of Commerce & Industry.
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