Import of Currency Paper and Security Printing Paper; conditions thereof

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..../(RE-2013) / 2009-2014 Dated the 29th September, 2014 Subject: Import of Currency Paper and Security Printing Paper; conditions thereof: S.O. 2541(E) - In exercise of powers conferred by Section 3 read with paragraph 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government hereby amends the Policy Condition No.1 and 3 of Chapter 48 of ITC(HS), 2012, Schedule 1 (Import Policy) as under....

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..... (3) The conditions for import of Security Printing Paper are as follows: (i) Import of Security Printing Paper may be made without an import license by India Security Press, Nasik and Security Paper Press, Hyderabad subject to actual user condition on specific letter of approval from the Ministry of Finance (Department of Economic Affairs), Government of India for the import. The letter of app....

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....er are as follows: (i) Import of Security Printing Paper may be made without an import licence by India Security Press, Nasik and Security Paper Press, Hyderabad both units of Security Printing and Minting Corporation of India Limited (SPMCIL) subject to submission of a certificate of import from the Head of units and with actual user condition. Effect of the Notification: Requirement of a spec....