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Core Purpose

Notification under Section 3 and Section 9 of the Foreign Trade (Development and Regulation) Act, 1992 amending the registration fee under the Steel Import Monitoring System (SIMS).

Detailed Summary

The Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade, by Notification No. 28/2023 (S.O. 3818(E)) dated 28th August 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) (a bilingual Hindi/English notification, with the operative amendment given in English), amended, in exercise of powers under Section 3 and Section 9 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2023, Policy Condition No. 4(c) of Chapter 72, Policy Condition No. 3(c) of Chapter 73 and Policy Condition No. 3(c) of Chapter 86 of Schedule 1 - Import Policy - ITC(HS) 2022, with immediate effect; the amendment revises the fee structure under the Steel Import Monitoring System (SIMS), replacing the earlier requirement that importers pay a registration fee of Rs. 1 per thousand of CIF value (subject to a minimum of Rs. 500 and a maximum of Rs. 1 lakh) with a flat registration fee of Rs. 500, while retaining the requirement that importers apply for automatic registration no earlier than 60 days before the expected arrival of the import consignment and that such registration remain valid for 75 days; issued with the approval of the Minister of Commerce & Industry, the notification bears File No. 01/89/180/Moni-5852/AM-03/PC-2[A]/Part-1/E-18229 and was signed by Santosh Kumar Sarangi, Director General of Foreign Trade and Ex-officio Additional Secretary.

Full Text

5509 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY ' ubZ fnYyh] 28 vxLr] 2023 .—fons'k O;kikj uhfr] 2023 ¼le;≤ ij ;Fkk la “kksf/kr½ ds iSjk 1 -02 vkSj 2 -01 ds lkFk ifBr fons'k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e] 1992 dh /kkjk 3 vkSj /kkjk 9 ds rgr iznÙk “kfDr;ks a dk iz;ksx djrs gq,] dsUnz ljdkj] ,rn}kjk vkbZVhlh ¼,p,l½ 2022 dh vuqlwph& I vk;kr uhfr ds v/;k;&72 dh uhfrxr “krZ la - 4¼x½] v/;k;&73 dh uhfrxr “krZ la - 3¼x½ vkSj v/;k; 86 dh uhfrxr “krZ la - 3¼x½ esa rRdky izHkko ls la ”kks/ku djrh gSA bLikr vk;kr fuxjkuh iz.kkyh ¼,lvkbZ,e,l½ esa vk;krdksa dks enkas ds vk;kr gsrq vkWuykbZu iz.kkyh esa vfxze lwpuk izLrqr djuh gksxh vkSj lhvkbZ,Q ewY; ds U;wUkre 500 :i;s vkSj vf/kdre 1 yk[k #i;s ds v/;/khu ,d #i;k izfr gtkj iathdj.k “kqYd dk Hkqxrku djds ,d Lopkfyr iathdj.k la[;k izkIr djuh gksxhA vk;krd vk;kr [ksi ds vkus dh vuqekfur frfFk ls vf/kdre 60 fnu iwoZ iathdj.k ds fy, vkosnu dj ldrk gSA bl izdkj nh xbZ Lopkfyr iathdj.k la[;k 75 fnukas dh vof/k ds fy, ekU; gksxhA bLikr vk; kr fuxjkuh iz.kkyh ¼,lvkbZ,e,l½ esa vk;krdksa dks enkas ds vk;kr gsrq vkWuykbZu iz.kkyh esa vfxze lwpuk izLrqr djuh gksxh vkSj ds iathdj.k “kqYd dk Hkqxrku djds ,d Lopkfyr iathdj.k la[;k izkIr djuh gksxhA vk;krd vk;kr [ksi ds vkus dh vuqekfur frf Fk ls vf/kdre 60 fnu iwoZ iathdj.k ds fy, vkosnu dj ldrk gSA bl izdkj nh xbZ Lopkfyr iathdj.k la[;k 75 fnukas dh vof/k ds No. 3657 ] NEW DEL HI, MONDAY, AUGUST 28, 2023/BHADRA 6, 194 5 CG-DL-E-28082023-248386 bLikr vk;kr fuxjkuh iz.kkyh ds rgr iathdj.k “kqYd rRdky izHkko ls l a“kksf/kr fd;k x;k gSA bls okf.kT; ,oa m|ksx ea=h ds vuqeksnu ls tkjh fd;k tkrk gSA [Qk- la- 01@89@180@eksfu - &5852@,,e&03@ihlh&2¼d½@ikVZ&1@ bZ&18229 ] larks’k dqekj lkajxh ] egkfuns'kd fons'k O;kikj vkSj insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce ) (DIRECTOR ATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 28th August, 2023 No. 28/2023 Subject: Amendment in Registration Fees under Steel Import Monitoring System (SIMS) reg. S.O. 3818 (E).—In exercise of pow ers conferred by Section 3 and Section 9 of the Foreign Trade (Development and 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 Policy Conditi on No. 4(c) of Chapter 72, Policy Condition No. 3(c) of Chapter 73 and Policy Condition No. 3(c) of Chapter 86 of Schedule 1 - Import Policy - ITC(HS) 2022, with immediate effect : Existing Policy Condition Revised Policy Condition The Steel Importing M onitoring System (SIMS) shall require importers to submit advance information in an online system for import of items and obtain an automatic Registration Number by paying registration fee of Rs. 1 per thousand subject to minimum of Rs. 500/ and maximum of Rs. 1 lakh on CIF value. The importer can apply for registration not earlier than 60th day before the expected date of arrival of import consignment. The automatic Registration Number thus granted shall remain valid for a period of 75 days. The Steel Impo rting Monitoring System (SIMS) shall require importers to submit advance information in an online system for import of items and obtain an automatic Registration Number by paying registration fee of Rs.500 / -. The importer can apply for registration not ea rlier than 60th day before the expected date of arrival of import consignment. The automatic Registration Number thus granted shall remain valid for a period of 75 days. 2. Effect of the Notification : The registration Fee under Steel Importing M onitoring System (SIMS) has been revised with immediate effect. This issues with the approval of Minister of Commerce & Industry. [F. No. 01/89/180/Moni -5852/AM -03/PC -2[A]/Part -1/E-18229) SANTOSH KUMAR SARANG I, 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.

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