Export Policy Harmonisation: ITC(HS) schedule aligned with Finance Act amendments, updating tariff classifications and export controls. Notification amends Schedule-II (Export Policy), ITC(HS) 2022 to align with Finance Act, 2025 by updating, deleting and reclassifying numerous tariff items and policy statuses across chapters; inserts and substitutes Supplementary Notes in Chapters 10, 20, 29 and 38 to define key terms (e.g., 'Rice, GI recognised', 'makhana') and to identify specific goods and content thresholds; mandates certificate-of-inspection requirements for specified rice exports to certain European countries while temporarily waiving them for others; designates 'Deoxy nucleotide triphosphates' as Restricted requiring Restricted Export Authorization; and makes the changes effective immediately with the updated ITC(HS) to be published on the DGFT website.
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Export Policy Harmonisation: ITC(HS) schedule aligned with Finance Act amendments, updating tariff classifications and export controls.
Notification amends Schedule-II (Export Policy), ITC(HS) 2022 to align with Finance Act, 2025 by updating, deleting and reclassifying numerous tariff items and policy statuses across chapters; inserts and substitutes Supplementary Notes in Chapters 10, 20, 29 and 38 to define key terms (e.g., "Rice, GI recognised", "makhana") and to identify specific goods and content thresholds; mandates certificate-of-inspection requirements for specified rice exports to certain European countries while temporarily waiving them for others; designates "Deoxy nucleotide triphosphates" as Restricted requiring Restricted Export Authorization; and makes the changes effective immediately with the updated ITC(HS) to be published on the DGFT website.
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