Wall Fans, Open Cell for TV and Solar Cells – ITC(HS) amended to Incorporate Changes made in FA, 2020

[DGFT Notification No.48/2015-2020 dated 22 December, 2020]

Effect of this Notification: Chapter 84 and 85 of ITC (HS) 2017- Schedule-1 Import Policy is amended to incorporate changes as made in the Finance Act, 2020 dated 2ihMarch, 2020.

Subject: Syncing of HS codes in ITC (HS) 2017- Schedule-1 (Import Policy) with the Finance Act, 2020.

S.O. (E): In exercise of powers conferred by Section 5 of the Foreign Trade (Development and 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 following Exim codes which have been inserted/substituted vide the Finance Act, 2020 (No. 12 of 2020) dated 27th March, 2020, in the ITC (HS), 2017 as below:

Exim Code

Item Description

Policy

Policy Conditions

8414 51 50

Wall fans

Free

--

8529 90 30

Open cell for television set

Free

--

8541 40 11

Solar cells, not assembled*

Free

--

8541 40 12

Solar cells, assembled in modules or made up into panels

Free

--

*this item description substitutes the existing item description (i.e Photocells: ----Solar cells whether or not assembled in modules or panels) in ITC(HS) 2017.

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

(File No. 01/89/180/11/AM-17/PC-2(A)/e-1307)