Radial Tyres
Shifted to Restricted from Free List
·
Motor Cars, Buses and Lorries, Motor
Cycles even Bicycles Tyres Covered
·
DGFT Negative List Licence
required
·
No More 5 percent FTA Free Import from
ASEAN
·
BIS Standard Must also be Met by
Import
·
Retreaded Tyres
Import is Free subject to MIP
[DGFT Notification No. 12/2015-2020
dated 12 June 2020]
Effect
of the Notification: Import policy of New pneumatic tyres covered under lTC HS codes
40111010, 40111090, 40112010, 40112090, 40114010, 40114020, 40114090, 40115010
and 40115090 is amended from 'Free' to 'Restricted'.
Subject: Amendment in
Import Policy of Tyres
S.O.
I: In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read
with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended
from time to time, the Central Government hereby amends the import policy of
all items under ITC HS Code 4011 10, 4011
20, 4011 40 and 4011 50 of Chapter 40 of ITC (HS), 2017, Schedule- I (Import Policy) as below-:
|
S.No. |
ITC HS Code |
Item description |
Existing Policy |
Revised Policy |
|
1. |
40111010 |
Of a kind used on motor cars (including station wagons
and racing cars): Radials |
Free |
Restricted |
|
2. |
40111090 |
Of a kind used on motor cars (including station wagons
and racing cars): Other |
Free |
Restricted |
|
3. |
40112010 |
Of a kind used on buses or lorries: Radials |
Free |
Restricted |
|
4. |
40112090 |
Of a kind used on buses or lorries: Other |
Free |
Restricted |
|
5. |
40114010 |
Of a kind used on motor cycles: For motorcycles |
Free |
Restricted |
|
6. |
40114020 |
Of a kind used on motor cycles: For motor scooters |
Free |
Restricted |
|
7. |
40114090 |
Of a kind used on motor cycles: Other |
Free |
Restricted |
|
8. |
40115010 |
Of a kind used on bicycles: Multi-cellular Polyurethane
(MCP) tubeless Tyres |
Free |
Restricted |
|
9. |
140115090 |
Of a kind used on bicycles: Other |
Free |
Restricted |
(Issued from File
No.01/89/180/209/AM-02/PC-2(A)//E-1424)