Paracetamol Formulations Export Shifted to Free List, Paracetamol as such Remains Restricted

[DGFT Notification No. 03 dated 17th April 2020]

Effect of this Notification: The Notification No. 50/2015-20 dated 03.03.2020 is further amended to the extent that the formulations made from Paracetamol (including FDCs) under any ITCHS Code, including the ITCHS Code mentioned above, are made "Free" for export, with immediate effect. However, Paracetamol APJs will remain restricted for export.

Subject: Amendment in Export Policy of formulations made from Paracetamol (including FDCs).

In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes following amendment in the Chapter 30 of the Schedule 2 of the ITCHS Export Policy amending the Notification No. 50/2015-20 dated 03.03.2020 related to export Policy of APIs and formulations made from Paracetamol:

S.No.

ITC HS Codes

Description

Present Policy

Revised Policy

156M

30049099

Formulations made of Paracetamol (including FDCs)

Restricted

Free