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<h1>India Amends Import Policy: Cobalt Powders Now Restricted, Virgin Cobalt Metal Powder Import Unrestricted Under Notification No. 26</h1> The Government of India, through the Ministry of Commerce & Industry, has issued Notification No. 26 (RE-2004)/2002-07, amending the ITC (HS) Classifications of Export and Import Items for the period 2002-2007. Under the Foreign Trade (Development and Regulation) Act, 1992, the amendment specifically addresses the import policy for cobalt powders. The revised entry states that cobalt powders are classified as 'Restricted,' but the import of virgin cobalt metal powder is permitted without restrictions. This amendment is issued in the public interest by the Director General of Foreign Trade.