Amendment in import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC (HS), 2017, Schedule-I (Import Policy)

Amendment in import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC (HS), 2017, Schedule-I (Import Policy) https://www.taxtmi.com/circulars?id=63860 Import policy for specified items in Chapters 72, 73 and 86 is revised from free to free subject to compulsory registration under the Steel Import Monitoring System (SIMS). Importers must submit advance information online, obtain an automatic Registration Number by paying a fee calculated on CIF value (subject to minimum and maximum limits), apply between 60 and 15 days before expected arrival, and enter the Registration Number and expiry in the Bill of Entry; SIMS applies to Bills of Entry on or after 01.11.2019 and online registration is available from 16.09.2019. en-us Mon, 16 Sep 2019 00:00:00 +0530 Wed, 11 Feb 2026 15:58:55 +0530 TaxTMI RSS Generator Amendment in import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC (HS), 2017, Schedule-I (Import Policy) https://www.taxtmi.com/circulars?id=63860 Import policy for specified items in Chapters 72, 73 and 86 is revised from free to free subject to compulsory registration under the Steel Import Monitoring System (SIMS). Importers must submit advance information online, obtain an automatic Registration Number by paying a fee calculated on CIF value (subject to minimum and maximum limits), apply between 60 and 15 days before expected arrival, and enter the Registration Number and expiry in the Bill of Entry; SIMS applies to Bills of Entry on or after 01.11.2019 and online registration is available from 16.09.2019. Circulars Customs Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63860