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 |