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Amendment in import policy and incorporation of Policy condition under HS code 0801 11 00 of Chapter 8 of ITC (HS), 2017, Schedule - I (Import Policy)
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Import policy change for desiccated coconut: imports permitted only at or above specified CIF threshold; lower-value imports prohibited.
The import policy for desiccated coconut under HS code 0801 11 00 is amended to be generally prohibited, with an explicit exception allowing imports as Free where the CIF value is Rs. 150/- or above per kilogram; consignments below that CIF threshold are prohibited.
Amendment in import policy of items under Exim Code 1511 90 of Chapter 15 of ITC (HS), 2017, Schedule - I (Import Policy)
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Import policy change: items under Exim Code 151190 moved from free to restricted import status.
The import policy for items under Exim Code 1511 90 is amended from 'Free' to 'Restricted', covering refined bleached deodorised palm oil, refined bleached deodorised palmolein, and other items under that Exim code; the change is promulgated by formal notification under the Foreign Trade (Development & Regulation) Act and the Foreign Trade Policy affecting Schedule I (Import Policy).
Notification of ITC (HS), 2017 — Schedule-I (Import Policy)
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Import policy amended: ITC (HS) 2017 Schedule I updated per Finance Act changes, effective 1 Jan 2020.
Notification amends ITC (HS) 2017 Schedule I to reflect Exim code changes introduced by the Finance (No. 2) Act, 2019, specifying item level import policy status (Free, Restricted, Prohibited, State Trading Enterprises, Deleted) and associated policy conditions; the amendments take effect from 1st January, 2020 and include chapter note substitutions and insertions such as BIS standard references and a definition of Khadi.

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Acts Income Tax