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Core Purpose

Extends the Minimum Import Price (MIP) condition on Glufosinate Technical under HS code 38089390 for one year, changing import policy from 'Prohibited' to 'Restricted' below CIF value of Rs. 1289/- per Kg.

Detailed Summary

The notification issued by the Ministry of Commerce and Industry, Directorate General of Foreign Trade, extends the Minimum Import Price (MIP) condition for Glufosinate Technical, classified under HS code 38089390, for a period of one year, from January 24, 2025 to January 23, 2026. The import policy for 'Glufosinate and its salts' (Purity Minimum 95% w/w) with CIF value below Rs. 1289/- per Kg is revised from 'Prohibited' to 'Restricted'. However, import of the same remains 'Free' for CIF value of Rs. 1289/- per Kg and above. This amendment is made under the Foreign Trade (Development & Regulation) Act, 1992 and Foreign Trade Policy 2023, and partially modifies Notifications 58/2023 and 14/2024-25.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-27012025-260494 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 440] NEW DELHI, FRIDAY, JANUARY 24, 2025/MAGHA 4, 1946 629 GI/2025 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) NOTIFICATION New Delhi, 24th January 2025 No. 54/2024-25 Subject: Amendment in import Policy Condition of Glufosinate Technical covered under HS Code 38089390 of Chapter 38 of Schedule –I (Import Policy) of ITC (HS) 2022. S.O. 444(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, and in partial modification of Notification No. 58/2023 dated 23.01.2024 and Notification No. 14/2024-25 dated 03.06.2024, the Central Government hereby extends the Minimum Import Price (MIP) condition on the following ITC HS Code of Glufosinate Technical under Chapter 38 of the ITC (HS), 2022, Schedule -I (Import Policy) for a period of one year i.e. from 24.01.2025 to 23.01.2026, as under: (Changes made are indicated in bold letters): +----------+-------------------+-----------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------------------------------+ | HS Code | Item Description | Existing Policy Condition | Revised Policy Condition | +==========+===================+=====================================================================================================+=====================================================================================================+ | Existing | | | Policy | | Policy | | | | +----------+-------------------+-----------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------------------------------+ | 38089390 | --- Other | Free | | | | | (a) If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof. | (a) If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof. | | | | (b) Import of 'Glufosinate and its salts' (Purity - Minimum 95% w/w) is "Prohibited" for CIF value below Rs. 1289/- per Kg. | (b) Import of 'Glufosinate and its salts' (Purity - Minimum 95% w/w) is "Restricted" for CIF value below Rs. 1289/- per Kg. | | | | (c) However, import of 'Glufosinate and its salts' is "Free" for CIF value of Rs. 1289/- or above per Kg | (c) However, import of 'Glufosinate and its salts' is "Free" for CIF value of Rs. 1289/- or above per Kg | | | | (d) The said policy condition shall be reviewed after a period of one year w.e.f. the date of publication of Notification No. 58/2023 dated 23.01.2024. | (d) The said policy condition shall be reviewed after a period of one year w.e.f. the date of publication of this Notification. | +----------+-------------------+-----------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------------------------------+ Effect of the Notification: Import of 'Glufosinate and its salts' (Purity – Minimum 95% w/w) is “Restricted” for CIF value below Rs. 1289/- per Kg. However, import of 'Glufosinate and its salts' is 'Free' if CIF value is Rs. 1289/- per Kg and above. This is issued with the approval of Minister of Commerce & Industry. [F.No. 01/89/180/16/AM-23/PC-2[A] /E-38206)] SANTOSH KUMAR SARANGI, Director 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. GORAKHA NATH YADAVA Digitally signed by GORAKHA NATH YADAVA Date: 2025.01.27 14:58:31 +05'30"

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