Amendment in Import Policy Condition under Chapter 29 of ITC (HS) 2022, Schedule - I (Import Policy)

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....y Condition under Chapter 29 of ITC (HS) 2022, Schedule - I (Import Policy) S. O. 1586 (E) - Whereas, the Authorized Officer i.e., DGTR in its final findings, vide Notification No. No. 22/6/2019-DGTR dated 30.09.2021, published in the Gazette of India, Extraordinary, Part I, Section 1, had recommended in terms of Section 9A(1) of the FTDR Act, 1992, to impose country-wise quantitative restriction....

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.... country-wise quantitative restriction (QR) for a period of one year only i.e., 2023-24 effective from 01.04.2023, unless notified otherwise subject to a valid Registration Certificate(RC) issued by the DGFT. 3. The country-wise quantitative restriction (QR) for import of IPA are as under: Country ↓ Quantitative Restriction (in MT) Financial Year → 2023-24 Quarter → 1st 2nd....

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....utilised QR for a quarter shall be deducted from the QR for the next quarter; (iv) Any unutilised QR for a quarter shall be added to next quarter; (v) In case, the countries with specific quantity exhaust their allocated QR, such countries may use the available residual quantity, as may be notified subsequently; and (vi) If necessary, further modalities will be notified separately governing ....