Import Policy synchronization with Finance Act and FTP updates import classifications, registration and permit-based monitoring requirements. Amendment of ITC (HS) 2022 Schedule I (Import Policy) to align import classifications and policy conditions with the Finance Act, 2023 and Foreign Trade Policy, 2023; Annexure I lists changed tariff lines and revised import statuses, Annexure II revises item descriptions and notes, and Annexure III amends chapter and code specific policy conditions. Measures include compulsory registration regimes (PIMS for paper; CIMS for coal), import permit requirements for specified agrochemicals, and updated State Trading Enterprise routing for certain agricultural and fertilizer imports. References to FTP (2015 20) are revised to FTP 2023 and the updated schedule is available on the DGFT website, effective immediately.
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Import Policy synchronization with Finance Act and FTP updates import classifications, registration and permit-based monitoring requirements.
Amendment of ITC (HS) 2022 Schedule I (Import Policy) to align import classifications and policy conditions with the Finance Act, 2023 and Foreign Trade Policy, 2023; Annexure I lists changed tariff lines and revised import statuses, Annexure II revises item descriptions and notes, and Annexure III amends chapter and code specific policy conditions. Measures include compulsory registration regimes (PIMS for paper; CIMS for coal), import permit requirements for specified agrochemicals, and updated State Trading Enterprise routing for certain agricultural and fertilizer imports. References to FTP (2015 20) are revised to FTP 2023 and the updated schedule is available on the DGFT website, effective immediately.
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