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Import under SIL/Public Notice : 69079000-Other & 69089002-Ceramic mosaic tiles
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Special Import Licence allowed for specified ceramic tile tariff lines subject to CIF value per square metre thresholds.
Amendment permits import of tariff headings 69079000 (other) and 69089002 (ceramic mosaic tiles) under Special Import Licence (SIL) provided declared C.I.F. value meets the prescribed per square metre thresholds, thereby making SIL issuance conditional on specified valuation criteria.
ITC(HS
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Special Import Licence conditions updated: SIL surrender rule and broad reclassification of import controls and licensing procedures.
The notification amends ITC(HS) 1997-2002 to require that items importable under a Special Import Licence (SIL) be imported on surrender of SILs equivalent to three times the CIF value unless a higher surrender is prescribed, reclassifies many tariff lines as Free or importable only against SIL, inserts new EXIM entries, and expands import licensing notes to prescribe application forms, departmental recommendations and specific conditions for imports of animals, equine stock, live plants, prescribed nuclear-related substances, shipbuilding/repair exemptions and recreational bodies' limited import entitlements.
Export and Import Policy, 1997-2002, (Revised Edition, March, 1999)
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Foreign Trade Policy amendment brings revised Export and Import Policy into force and updates regulatory framework for trade controls.
The Central Government, invoking section 5 of the Foreign Trade (Development and Regulation) Act, 1992, amends and reissues the Export and Import Policy, 1997-2002 as a revised edition incorporating prior amendments, and brings the consolidated Policy into force from the stated commencement date by official notification issued in the public interest.
Onion Export- Policy Revised
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Canalised onion export: designated agencies must channel shipments under MEP and NOC and capped service charges.
Amendment canalises onion exports by allocating monthly export entitlements to NAFED and agencies designated by the Governments of Maharashtra and Gujarat for a limited three month period; ITC classification for onions (0703) is revised accordingly. Exports under this regime are subject to a Minimum Export Price and, for associated shippers, a requirement to procure a No Objection Certificate from the designated agency and payment of service charges capped at a prescribed percentage of the invoiced export value.
Onions Export Canalised and MEP
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Canalisation of onion exports: designated agencies and minimum export price govern authorised shipments and procedural conditions.
Canalisation of onion exports requires routing exports through NAFED or an agency designated by the Government of Maharashtra (or Associate Shippers registered with that agency) and subjects exports to a Minimum Export Price. Associate Shippers must obtain a No Objection Certificate from the designated agency and pay service charges not exceeding a prescribed cap of the invoiced export value; the amendment is recorded in the ITC (HS) classification.
Plastic wastes, parings and scraps -Policy Prior to 13/11/98 restored
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Restoration of import policy for plastic waste: imports of plastic wastes and scraps governed by prior public notice.
The Government has withdrawn intervening notifications and public notices and restored the prior regulatory regime: imports of plastic wastes, parings and scraps shall continue to be governed by the conditions set out in the earlier public notice under the Export and Import Policy framework.
Potato Export allowed under OGL
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Potato export liberalisation: prior restriction removed, permitting export under the Open General Licence subject to FTP provisions.
The notification deletes the prior Export and Import Policy entry regulating potato exports, thereby permitting potato to be exported under the Open General Licence; the amendment is made under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Export and Import Policy and is issued in the public interest by the Directorate General of Foreign Trade.
Prime Steel Imports - Description of select HS Codes amended
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Import classification amendment updates HS code descriptions for specific steel products, altering import licensing descriptions and scope.
Amendment of descriptions and ITC(HS) codes for specified entries in Import Licensing Notes 3 and 4 of Chapter 72 revises classification and descriptive scope for certain steel imports, replacing prior entries to identify H.R. coils, C.R. coils/sheets, tinplate waste and misprints, electrical sheets (CRNO), and plates under the stated HS code groupings and aligning Note 4 descriptions with those in Note 3.

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Acts Income Tax