Clarification on the Warehousing of Chemicals under Para 2.36(a) of Foreign Trade Policy (FTP) 2023.

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.... To, 1. All Custom Authorities 2. All Regional Authorities of DGFT 3. All Stakeholders Subject: Clarification on the Warehousing of Chemicals under Para 2.36(a) of Foreign Trade Policy (FTP) 2023 - reg. Para 2.36 of Foreign Trade Policy (FTP), 2023 states as under: "(a) Private/ Public bonded warehouses may be set up in DTA as per rules, regulations and notifications iss....

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....inputs play a significant role in the value chain of India's external trade. 3. Further, stakeholders have argued that the current exclusion of "hazardous chemicals" under Para 2.36(a) creates a lack of uniformity, as the handling and storage of such cargo are already operationally permitted at various ports and Container Freight Stations (CFS) under established regulatory frameworks. It wa....

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....under Para 2.36(a) of FTP, 2023, provided the following conditions are met: i. The facility shall comply with all applicable domestic laws, rules, and regulations governing the safe storage and handling of chemicals. The authority competent to approve and/or license such facilities under the Customs Act, 1962, and the rules and regulations framed thereunder, shall ensure due compliance wi....