Govt Revamps Coal Import Monitoring System Fee Structure, Introduces Flexible Registration Mechanism Under Notification 04/2025-26

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....The GoI's DGFT issued Notification No. 04/2025-26 amending Import Policy Condition No. 07 (i) of Chapter-27 in ITC (HS), 2022. The amendment modifies the Coal Import Monitoring System (CIMS) registration fee structure, replacing the previous fixed fee calculation (Rs. 1 per thousand, min. Rs. 500, max. Rs. 1 Lakh on CIF value) with a new fee schedule referenced in Appendix 2K. Importers must continue submitting advance import information online and obtain an Automatic Registration Number, but under the revised fee mechanism. The modification takes immediate effect, streamlining the coal import registration process with a more flexible fee determination approach.....