Amendment in import policy of items under ITC(HS) 8524 and 8525 of Chapter 85 of ITC(HS) 2022, Schedule - I (Import Policy) - 55/2015-2020 - Foreign Trade Policy

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 55/2015-2020 New Delhi, Dated: 24th February, 2022 Subject: Amendment in import policy of items under ITC(HS) 8524 and 8525 of Chapter 85 of ITC(HS) 2022, Schedule - I (Import Policy) S.O. 836 (E) : - In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) 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 items under ITC(HS) 8524 and 8525 of Chapter 85 of ITC(IIS) 2022, Schedule I (Import Policy) as follows ITC(HS) Code Item Description Existing Import Policy Revised Import Policy 8524 11 00 -- Of liquid crystals Restricted Free 8524 12 00 -- Of organic light-emitting diodes (OLED) Restricted Free 8524 19 00 - Other Restricted Free 8524 91 00 -- Of liquid crystals Restricted Free 8524 92 00 -- Of organic light-emitting diodes (OLED) Restricted Free 8524 99 00 -- Other Restricted Free 8525 89 00 -- Other Restricted Free 2. Effect of the Notification: Import policy of ITC(HS) 8524 and ITC(HS) 8525 89 00 is revised from 'Restricted' to 'Free' 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 Government of India [Issued from File No. 01 /89/180/27/AM-21/PC-2[A]/E-30106]