Clarification with regard to description of 'Stock Lot' used in the Notification No. 45/2015-2020 dated 31st January, 2020
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....NO. 08/2020-2021 To 1. Regional Authorities of DGFT 2. Customs Commissionerates 3. Members of Trade and Industry 4. Joint Secretary (Customs), CBIC Subject: Clarification with regard to description of 'Stock Lot' used in the Notification No. 45/2015-2020 dated 31^st January, 2020. Vide Notification No.45/2015-2020 dated 3....
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....They are expected to clearly specify quantities of paper under each 8 digit ITC (HS) Code separately. c. If the whole imported paper consignment is without description for each category of paper it is a Stock lot. d. The Customs would check before allowing consignment where the description of imported paper matches with any/some of the 8 digit entries under ITC (HS) 4....
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