Amendment in Import Policy Condition of ITC HS Codes 85423100 85423900 85423200 85429000 and 85423300 covered under Chapter 85 of ITC HS 2022 Schedule 1 Import Policy

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02122024-259069 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4768] NEW DELHI, FRIDAY, NOVEMBER 29, 2024/ AGRAHAYANA 8, 1946 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) DIRECTORATE GENERAL OF FOREIGN TRADE NOTIFICATION New Delhi, the 29th November, 2024 No. 41/2024-25 Subject: Amendment in Import Policy Condition of ITC HS Codes 85423100, 85423900, 85423200, 85429000 and 85423300 covered under Chapter 85 of ITC (HS), 2022, Schedule-1(Import Policy) S.O. 5160(E). — In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby amends the Import Policy Condition of following items covered under Chapter 85 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, as under: +----------+-------------------------------------------------------------+----------+--------------------------------------------------------------+------------------+ | ITC(HS) | Description | Import | Existing Policy Condition | Revised Policy | | Code | | Policy | | Condition | +==========+=============================================================+==========+==============================================================+==================+ | 85423100 | Electronic integrated circuits : -- Processors and | Free | Subject to Policy Condition 8 of Chapter-85. Subject to | - | | | controllers, whether or not combined with memories, | | compulsory registration under Chip Imports Monitoring | | | | converters, logic circuits, amplifiers, clock and timing | | System (CHIMS) | | | | circuits, or other circuits | | | | +----------+-------------------------------------------------------------+----------+--------------------------------------------------------------+------------------+ | 85423200 | Electronic integrated circuits : -- Memories | Free | Subject to Policy Condition 8 of Chapter-85. Subject to | - | | | | | compulsory registration under Chip Imports Monitoring | | | | | | System (CHIMS) | | +----------+-------------------------------------------------------------+----------+--------------------------------------------------------------+------------------+ | 85423300 | Electronic integrated circuits : -- Amplifiers | Free | Subject to Policy Condition 8 of Chapter-85. Subject to | - | | | | | compulsory registration under Chip Imports Monitoring | | | | | | System (CHIMS) | | +----------+-------------------------------------------------------------+----------+--------------------------------------------------------------+------------------+ | 85423900 | Electronic integrated circuits : -- Other | Free | Subject to Policy Condition 8 of Chapter-85. Subject to | - | | | | | compulsory registration under Chip Imports Monitoring | | | | | | System (CHIMS) | | +----------+-------------------------------------------------------------+----------+--------------------------------------------------------------+------------------+ | 85429000 | Parts | Free | Subject to Policy Condition 8 of Chapter-85. Subject to | - | | | | | compulsory registration under Chip Imports Monitoring | | | | | | System (CHIMS) | | +----------+-------------------------------------------------------------+----------+--------------------------------------------------------------+------------------+ Effect of the Notification: The Requirement of Compulsory Registration under Chip Imports Monitoring System (CHIMS) in terms of Policy Condition No. 08 of Chapter 85 of ITC (HS), 2022, Schedule-1(Import Policy) has been "Discontinued", with immediate Effect. This is issued with the approval of Minister of Commerce & Industry. [F. No. 01/89/180/29/AM-20/PC-2[A]/24342] SANTOSH KUMAR SARANGI, Dir. General of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.