Import Policy Amended in ITC (HS) Schedule I to Align with the Finance (No.2) Act, 2019

· Implementation date of Finance Act Amendments to the Schedule not yet Notified, File under Process in Dept of Revenue

[Chapters, 3, 7, 8, 10,11, 22,26,27,29,30, 32, 37-40, 44, 48, 53, 55- 57, 59, 61-62, 70-71, 74-79, 85 and 90 covered, please note that in our book “BIG’s Easy Reference Customs Tariff with IGST – Imports (Vol. I) – July 2019”, the changes are already incorporated in the form of box in the respective chapters.]

[DGFT Notification No. 31/2015-2020 dated 13 November 2019]

Effect of this Notification: ITC (HS) 2017-Schedule-1 Import Policy is amended in sync with the Finance (No. 2) Act, 2019 dated 1st August, 2019.

Subject: Notification of ITC (HS), 2017 – Schedule-1 (Import Policy)

S.O. (E): In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (as amended from time to time) read with paragraph 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby notifies the Exim codes introduced / deleted /split / merged / changed in description vide the Finance (No. 2) Act, 2019 dated 1st August, 2019 in the ITC (HS), 2017 as Annexed to this Notification.

This issues with the approval of Minister of Commerce & Industry.

(Issued from F. No.01/89/180/11/AM-17/PC-2A)