https://www.taxtmi.com/article/detailed?id=15963 Restricted items under ITC (HS) classification require prior authorisation-generally a DGFT licence and where applicable sectoral NOCs-obtained via online application disclosing IEC, technical specifications, end use declarations and invoices. Licences are examined by DGFT regional authorities, Inter Ministerial Working Groups and technical ministries and specify quantity, value, validity, ports and end use conditions. At customs, importers file a Bill of Entry and exporters a Shipping Bill/LEO attaching licences and NOCs; customs verify authorisation and compliance, and non compliance can trigger detention, confiscation, penalties, IEC suspension and prosecution. en-us Thu, 05 Mar 2026 08:41:39 +0530 Thu, 05 Mar 2026 08:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15963 Restricted items under ITC (HS) classification require prior authorisation-generally a DGFT licence and where applicable sectoral NOCs-obtained via online application disclosing IEC, technical specifications, end use declarations and invoices. Licences are examined by DGFT regional authorities, Inter Ministerial Working Groups and technical ministries and specify quantity, value, validity, ports and end use conditions. At customs, importers file a Bill of Entry and exporters a Shipping Bill/LEO attaching licences and NOCs; customs verify authorisation and compliance, and non compliance can trigger detention, confiscation, penalties, IEC suspension and prosecution. Articles Customs - Import - Export - SEZ Thu, 05 Mar 2026 08:41:39 +0530 https://www.taxtmi.com/article/detailed?id=15963