Billets of Iron/Low Carbon Steel Included in Iron-Nickel Alloy Wire SION

[DGFT Public Notice No. 74 dated 30th August 2011]

Subject: Modification OF SION C-1579 under Engineering Product Group.

In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the following amendment is made in SION C – 1579 in the Handbook of Procedure Vol. II.

2.  The existing entry in SION C-1579 of the Product Group “Engineering Products” is as follows:

Export Item

Import Items

Description

Quantity

Description

Quantity

Iron-Nickel Alloy(s) Wire / Strip of different composition

1 kg

1.

Nickel Pellets and / or cathodes

1.03 kg/kg content in the export product

3.  Amended entry in SION C-1579 will now be as under: -

Export Item

Import Items

Description

Quantity

Description

Quantity

Iron-Nickel Alloy(s) Wire / Strip of different composition

1 kg

1.

 

 

2.

Nickel Pellets and / or cathodes

 

Billets of Iron/ Low Carbon Steel for Remelting

1.03 kg/kg content in the export product

 

1.03 kg/kg content in the export product

Effect of this modification

Earlier only one item at Sl No. 1 was allowed for import. Now one more input i.e. Billets of Iron/ Low Carbon Steel for Remelting has been added at Sl No. 2 .There is no change either in description or in the quantity of export item.