This Directorate has been receiving representations from various quarters seeking clarifications as regards the Classification of certain specific items under the ITC(HS) Classifications of Exports and Imports Items, 1997-2002. Such requests made in terms of para 4.13 of the policy for issue of appropriate clarifications etc. have been examined and based on the decision(s) arrived at by the committee set up for this purpose.
The exchanges shall explore the possibility of their clearing banks opening special cells in the bank for providing funds to the market makers and creating a corresponding lien on the shares held/traded by the market makers.
