<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Clarification on Warehousing of Chemicals under FTP 2023: A Comprehensive Analysis</title>
    <link>https://www.taxtmi.com/article/detailed?id=16237</link>
    <description>The policy circular clarifies that Para 2.36(a) of the Foreign Trade Policy 2023 permits warehousing of industrial chemicals in bonded warehouses, and that the restriction on hazardous chemicals was intended to prevent unregulated storage of hazardous waste. The permission remains conditional on compliance with environmental laws, safety standards, licensing requirements, and applicable import-export policy conditions. Customs procedures, including duty payment at the time of clearance, continue to apply.</description>
    <language>en-us</language>
    <pubDate>Tue, 21 Apr 2026 08:50:17 +0530</pubDate>
    <lastBuildDate>Tue, 21 Apr 2026 08:50:17 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=897643" rel="self" type="application/rss+xml"/>
    <item>
      <title>Clarification on Warehousing of Chemicals under FTP 2023: A Comprehensive Analysis</title>
      <link>https://www.taxtmi.com/article/detailed?id=16237</link>
      <description>The policy circular clarifies that Para 2.36(a) of the Foreign Trade Policy 2023 permits warehousing of industrial chemicals in bonded warehouses, and that the restriction on hazardous chemicals was intended to prevent unregulated storage of hazardous waste. The permission remains conditional on compliance with environmental laws, safety standards, licensing requirements, and applicable import-export policy conditions. Customs procedures, including duty payment at the time of clearance, continue to apply.</description>
      <category>Articles</category>
      <law>Customs - Import - Export - SEZ</law>
      <pubDate>Tue, 21 Apr 2026 08:50:17 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=16237</guid>
    </item>
  </channel>
</rss>