Sponsored
    Follow Us:
Sponsored

MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION

New Delhi, the 9th September, 2021

Notification No. 24/2015-2020

Subject : Amendment in Import Policy of Mercury under ITC HS Code 28054000 and insertion of Policy Condition No. 03 in Chapter 28 of ITC(HS), Schedule I(Import Policy).

S.O. 3657(E).—In exercise of powers conferred by Section 3 read with Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the Import Policy of Mercury under ITC HS Code 28054000 and also inserts a new Policy Condition 3 in Chapter 28 of ITC HS classification (Import Policy Schedule I) as under:

Exim Code Item

Description

Present
Policy
Existing Policy Condition Revised
Policy
Revised
Policy
Condition
28054000 Mercury Free Restricted Subject to Policy Condition No. 3

2. A Policy Condition No. 03 is added in the Chapter-28 of ITC(HS), Schedule I (Import Policy):

“A Prior Informed Consent (PIC) procedure as per the provisions of the Minamata Convention on mercury is to be obtained from the National Focal Point of Minamata Convention in the Ministry of Environment, Forest and Climate Change (MoEF&CC) in case of import/export of mercury. Details of PIC procedure can be accessed from the website of MoEF&CC: http://moef.gov.in/ (Divisions -> Environment Divisions­> Hazardous Substance Management Division -> Import/Export)”

Effect of the Notification: Import policy of Mercury has been revised from ‘Free’ to ‘Restricted’ subject to obtaining Prior Informed Consent from MoEF&CC.

This issues with the approval of Minister of Commerce & Industry.

[F. No. 01/89/180/38/AM-12/PC-2(A)/E-26617]
AMIT YADAV, Director General of Foreign Trade
& Ex- officio Addl. Secy.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published.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

Sponsored
Sponsored
Sponsored
Search Post by Date
September 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30