Notification No. 32 (RE-2003)/2002-2007, dated February 6, 2004, amends the ITC (HS) Classification of Export and Import Items, 2002-07, specifically related to the import of bank notes. Under this amendment, the import of bank notes is classified as restricted. However, banks and dealers authorized by the Reserve Bank of India (RBI) are exempted from needing a license from the Directorate General of Foreign Trade (DGFT), provided they comply with RBI regulations. This policy update ensures that only authorized entities can import bank notes while adhering to the conditions specified by RBI.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO. 33 (RE-2003)/2002-2007
NEW DELHI, Dated 6th February, 2004
S.O. (E) – In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 2.1 of the Export and Import Policy – 2002-07, as amended from time to time, the Central Government hereby amends the ITC (HS) Classification of Export and Import Items, 2002-07 as under:
- Condition 16 of Chapter I A (General Notes to Import Policy) of the ITC (HS) Classifications of Export and Import items 2002-2007shall be amended to read as under:
“16. Import into India of the following livestock and livestock products, namely:
| i. domestic and wild birds including captive birds, |
| ii. day old chicks, ducks, turkey and other newly hatched avian species, |
| iii. hatching eggs, |
| iv. eggs and egg products, |
| v. semen of domestic and wild birds, |
| vi. meat and meat products from avian species including wild birds, |
| vii. feathers, |
| viii. products of avian origin intended for use in animal feeding or for agricultural or industrial use, |
| ix. live pigs and pig meat products, |
| x. pathological material and biological products from birds |
shall be prohibited from all countries in view of the reported outbreak of Highly Pathogenic Avian Influenza (Fowl Plague) for a period of six months from the date of this notification or till such time it is modified or withdrawn, whichever is earlier.”
This issues in public interest.
(L.MANSINGH)
Director General of Foreign Trade and
ex-officio Additional Secretary to the Government of India
Copy to all concerned.
