Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
DGFT

Amendment in Policy Condition 1 to Chapter 40 of ITC(HS), 2012

Advertisement

Notification No 10 (RE–2013)/2009-2014

New Delhi, Dated: 22nd April, 2013

Subject: Amendment in Policy Condition 1 to Chapter 40 of ITC(HS), 2012.

S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby amends Policy Condition 1 to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) as under:

2. Presently, the bracketed portion at the end of Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) reads as under:

“[This policy condition applies to EXIM codes 4012 11 00, 4012 12 00, 4012 13 00, 4012 19 10, 4012 19 20, 4012 20 10, and 4012 20 90].”

The applicability of Policy Condition already finds a mention against the relevant 8 digit codes. Hence, the portion mentioned in the bracketed portion is not required.

3. The bracketed portion at the end of Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) stands deleted.

4. Effect of this notification:

The redundancy in Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) is removed with immediate effect.

(Anup K. Pujari)

Director General of Foreign Trade

Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *