Amendment in import policy of specific ITC HS codes under Chapter 71 of Schedule I Import Policy of ITC HS 2022

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-11062024-254660 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2130] NEW DELHI, TUESDAY, JUNE 11, 2024/JYAISHTHA 21, 1946 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 11th June, 2024. No. 17/2024-25 Subject: Amendment in import policy of specific ITC (HS) codes under Chapter 71 of Schedule -I(Import Policy) of ITC (HS) 2022. S. O. 2232(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 and policy condition of specific ITC HS codes under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, as under: +----------------+------------------------------------------------+-----------------+-----------------+---------------------------------------------------------------------------------------------------------------------+ | ITC(HS) Code | Description Policy | Existing Import | Revised Import | Policy Condition | | | | Policy | Policy | | +================+================================================+=================+=================+=====================================================================================================================+ | 71131912 | Of gold: ----Studded with pearls | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. | +----------------+------------------------------------------------+-----------------+-----------------+---------------------------------------------------------------------------------------------------------------------+ | 71131913 | Of gold: ----Studded with diamonds of heading | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. | | | 7102 | | | | +----------------+------------------------------------------------+-----------------+-----------------+---------------------------------------------------------------------------------------------------------------------+ | 71131914 | Of gold: ----Studded with diamonds of heading | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. | | | 7104 | | | | +----------------+------------------------------------------------+-----------------+-----------------+---------------------------------------------------------------------------------------------------------------------+ | 71131915 | Of gold :----Studded with other precious and | Free | Restricted | However import under a valid INDIA-UAE CEPA TRQ shall be permitted without restricted import Authorisation. | | | semi-precious stones | | | | +----------------+------------------------------------------------+-----------------+-----------------+---------------------------------------------------------------------------------------------------------------------+ | 71131960 | -- Parts | Free | Restricted | | +----------------+------------------------------------------------+-----------------+-----------------+---------------------------------------------------------------------------------------------------------------------+ Effect of the Notification: The Import Policy of ITC (HS) code 71131912, 71131913, 71131914, 71131915, 71131960 has been amended from "Free" to "Restricted" with immediate effect. However import under ITC (HS) codes 71131912, 71131913, 71131914 and 71131915 shall be permitted without restricted import Authorisation under a valid INDIA-UAE CEPA TRQ. This is issued with the approval of Minister of Commerce & Industry. [F.No. 01/89/180/36/AM-11/PC-2[A]/E-1679] SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex-officio Addl. Secy.