Amendment in Import Policy Condition under Chapter 39 of ITC (HS), 2022, Schedule - I (Import Policy)

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....Amendment in Import Policy Condition under Chapter 39 of ITC (HS), 2022, Schedule - I (Import Policy). S.O. 4331 (E) - In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (as amended from time to time) read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2015-2020, the Central Government hereby amends the Imp....

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....er, import of PET Flakes has been permitted under an authorisation from DGFT and subject to NOC from MoEF&CC, in accordance with their O.M. No. 23/66/2019-HSMD dated 23.08.2022, subject to following conditions : i. A unit should be eligible for import only if it has used domestic waste to the extent at least 70% of the capacity in the previous year. (e.g. production of 2021-22 to be considered f....