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

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....ect: Amendment in Import Policy 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 count....

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....of Isopropyl alcohol (IPA) shall be allowed subject to 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 Res....

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....of QR; (ii) The QR would be monitored on quarterly basis; (iii) The total imports allowed in any quarter shall not exceed the total of that quarter and the next quarter. Accordingly, any excessively 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 c....