Hydroxychloroquine and Formulations made from Hydroxychloroquine
Export Shifted to Prohibited from Free List
·
SEZ, Advance Authorisation
Protected
·
Transitional Arrangements under Para
1.05 for LC cases also Protected
·
MEA Recco to
Open Export Accepted
[DGFT Notification No. 54/2015-2020
dated 25 March 2020]
Subject: - Amendment in
Export Policy of Hydroxychloroquine.
S.O.
(E) 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 the following amendments in the Schedule 2 of the ITCHS Export Policy
related to export of Hydroxychloroquine and its
formulations, with immediate effect:
|
S.No |
lTC HS Codes |
Description |
Present
Policy |
Revised
Policy |
|
207E |
ex29334900
|
Hydroxychloroquine |
Free |
Prohibited |
|
207F |
ex30049059
|
Formulations
made from Hydroxychloroquine |
Free |
Prohibited |
2.
The export of Hydroxychloroquine and formulations made
from it, however, shall be allowed under following conditions:
A. Export will be allowed from the SEZ/EOU Units
and in cases where export is made to fulfill export obligation under any
Advance license issued on or before the date of this notification.
B. Export will be allowed in case of shipments
where Irrevocable Letter of Credit (ICLC) has been issued before the date of
this notification or in case where full advance payment has been received by
the exporter in India against specific shipment, subject to submission of documentary
evidence.
C. Exports will also be allowed by the Government
of India to other countries on humanitarian grounds on case to case basis on
the recommendation of Ministry of External Affairs.
3.
Effect of this Notification: The export of Hydroxychloroquine
and formulations made from Hydroxychloroquine falling
under any ITCHS Code, including the ITCHS Codes mentioned above, is prohibited,
with immediate effect. Export shall, however, be only allowed in the conditions
mentioned in the Para 2 above.