Notification No. 7 (RE-2001), dated March 31, 2001, amends the ITC(HS) Classifications of Export and Import Items for the 1997-2002 period. The notification restricts the import of items previously allowed against the surrender of SIL (Special Import License), which were not included in Notification No. 2(RE-2001). However, it clarifies that imports of gold and silver by nominated and authorized agencies, approved by the RBI or Ministry of Finance, will continue without restriction. Additionally, the notification adds two new entries to Appendix V of the ITC(HS) classification, specifying BIS (Bureau of Indian Standards) standards for packaged water products: IS13428:1998 for packaged natural mineral water and IS14543:1998 for packaged drinking water. These amendments aim to refine the import regulations for certain goods and ensure compliance with updated standards.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO. 7 (RE-2001) 1997-2002
NEW DELHI: 31st March, 2001
S.O (E) – In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely –
1. Import of all such items which were earlier allowed against surrender of SIL and not included in Notification No. 2(RE-2001) dated 31.03.2001, shall be restricted. However, import of gold and silver by nominated and authorized agencies by the RBI / Ministry of Finance shall continue to be free.
2. The following shall be added at the end of Appendix V to Schedule 1 of ITC(HS) Classifications of Export and Import Items, 1997-2002:
Sr. No. | Applicable BIS standard | Name of the product |
132 | IS13428:1998 | Packaged Natural Mineral Water |
133 | IS14543:1998 | Packaged Drinking Water (Other than Packaged Natural Mineral Water) |
This issue in public interest.
Sd/-
( N.L. LAKHANPAL)
Director General of Foreign Trade and ex-officio
Additional Secretary to the Government of India
(O.P. HISARIA)
Dy. Director General of Foreign Trade