Chip Import
Registration only for each Single Shipment, Multiple Products Covered
·
Microprocessors and Memory Chips under
HS 8473 Exempted
[DGFT Policy Circular No.
40/2015-2020 dated 27 June 2022]
Subsequent to the issuance of Notification
No.05/2015-2020 dated 10.05.2021 amending the import policy of items covered
under ITC(HS) codes 85423100, 85423200, 85423300, 85423900 and 85429000 falling
in Chapter-85 of ITC (HS) from 'Free' to 'Free subject to compulsory
registration under Chip Import Monitoring System (CHIMS)', DGFT has received
various representations from members of Trade & Industry seeking
clarification on CHIMS.
2. The issues were referred to M/o Electronics &
Information Technology and based upon the clarification received, responses
thereto are given below:
A Whether
multiple consignments against a CHIMS registration can be imported within the
validity period of CHIMS Registration?
Response: Importer may include multiple products in one
registration number. However, for each shipment a separate registration number
is required.
B. Whether
air/sea shipments are exempted from CHIMS?
Response: The CHIMS is applicable for air/sea shipments also. The
CHIMS registration can also be made on the same day of arrival of import.
C. Whether
CHIMS is applicable on microprocessors covered under ITC (HS) code 84733010 and
memory modules covered under ITC (HS) code 84733099?
Response: The microprocessors covered under ITC (HS) code
84733010 and memory modules under ITC (HS) code 84733099 are excluded from
CHIMS.
This issues with the approval of the competent authority.
[Issued From File No.
01/89/180/29/AM-20/PC-2(A)/Part-I/E-28899]