The Government of India, under the Ministry of Commerce and Industry, Department of Commerce, and the Directorate General of Foreign Trade (DGFT), has issued a significant notification, Notification No. 34/2023-DGFT, dated October 4, 2023. This notification introduces a crucial amendment in Policy condition No. 07 (ii) of Chapter – 27 of Schedule-I (Import Policy) of ITC (HS), 2022.
In this article, we delve into the details of this noteworthy development, providing insights into the amendment’s implications and the changes brought about by the DGFT notification. Understanding these modifications is vital for businesses and individuals involved in international trade, as they can impact import procedures and compliance requirements.
Policy Condition Amendment: The notification primarily amends Policy condition No. 07 (ii) of Chapter – 27 of Schedule-I (Import Policy) of ITC (HS), 2022. The existing policy condition required importers to apply for registration not earlier than the 60th day and not later than 5 days before the expected date of arrival of the import consignment. The Automatic Registration Number was valid for 75 days, and the importer had to enter the Registration Number and expiry date of Registration in the Bill of Entry for customs clearance.
Revised Policy Condition: With the amendment, the importer can now apply for registration not earlier than the 60th day and until the arrival date (Zero Day) of the consignment at the gateway port. The Automatic Registration Number remains valid for a period of 75 days, and the importer must enter the Registration Number and expiry date of Registration in the Bill of Entry for customs clearance.
Immediate Effect: It’s crucial to note that this amendment is effective immediately. Therefore, individuals and businesses involved in coal imports must adhere to the revised registration timelines and procedures as outlined in the amended policy condition.
Conclusion: The Directorate General of Foreign Trade’s Notification No. 34/2023 brings about a significant amendment in the Import Policy under ITC (HS), 2022. This change, which pertains to the timeframes for applying for registration under the Coal Import Monitoring System (CIMS), is expected to impact the import procedures for coal and related commodities.
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Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan
Notification No. 34/2023-DGFT | Dated: 4th October, 2023
Subject: Amendment in Policy condition No. 07 (ii) of Chapter – 27 of Schedule-I (Import Policy) of ITC (HS), 2022 reg.
S.O. 4331(E).- In exercise of powers conferred by Section 3 and Section 9 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023 (as amended from time to time), the Central Government hereby amends the Policy condition No.07 (ii) of Chapter – 27 of Schedule-I (Import Policy) of ITC (HS), 2022, with immediate effect:
| Existing Policy Condition | Revised Policy Condition |
| The importer can apply for registration not earlier than 60th day and not later than 5 days before the expected date of arrival of import consignment. The Automatic Registration Number shall remain valid for a period of 75 days. Importer shall have to enter the Registration Number and expiry date of Registration in the Bill of Entry to enable Customs for clearance of consignment. | The importer can apply for registration not earlier than 60th day and till the arrival date (Zero Day) of consignment at gateway port. The Automatic Registration Number shall remain valid for a period of 75 days. Importer shall have to enter the Registration Number and expiry date of Registration in the Bill of Entry to enable Customs for clearance of consignment. |
2. Effect of the Notification:
Time period for applying registration under Coal Import Monitoring System (CIMS) has been revised with immediate effect.
This issues with the approval of Minister of Commerce & Industry.
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex- officio Addl. Secretary to the Gol
E-mail: dgft@nic.in
(Issued from F. No. M-4708/1902/2002/PC-2(A)/Part-I/E-33668)
