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Amendment in Import Policy Condition under Chapter 39 of ITC (HS), 2022, Schedule - I (Import Policy) - 32/2015-2020 - Foreign Trade PolicyExtract Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 32/2015-2020 New Delhi, Dated: 14th September, 2022 Subject: Amendment in Import Policy Condition under Chapter 39 of ITC (HS), 2022, Schedule - I (Import Policy). S.O. 4331 (E) - In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (as amended from time to time) read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2015-2020 , the Central Government hereby amends the Import Policy and revises the Condition No.2 of Chapter 39 of ITC (HS), 2022, Schedule -I (Import Policy) as under: HS Code Item Description Existing Import Policy Existing Policy Condition Revised Import Policy Revised Policy Condition 39076110 39076930 ---PET flake (chip) Prohibited The import of PET bottle waste/scrap/ PET flakes made from used PET bottles etc is Prohibited as per OM No. 23-4/2009-HSMD dated 30-08-2016 and O.M. NO.23/66/2019-HSM dated 03/10/2019 of Ministry of Environment, Forest and Climate Change. Prohibited The import of PET bottle waste/scrap made from used PET bottles etc is Prohibited as per OM No. 23-4/2009-HSMD dated 30-08-2016 and O.M. No.23/66/2019-HSM dated 03/10/2019 of Ministry of Environment, Forest and Climate Change (MoEF CC) However, import of PET Flakes has been permitted under an authorisation from DGFT and subject to NOC from MoEF CC, in accordance with their O.M. No. 23/66/2019-HSMD dated 23.08.2022, subject to following conditions : i. A unit should be eligible for import only if it has used domestic waste to the extent at least 70% of the capacity in the previous year. (e.g. production of 2021-22 to be considered for 2022-23 permissions). ii. The imports for the year 2022-23 should be restricted to 20% of the production in the year 2021-22 and thereafter, 15% of the actual capacity utilized in the preceding year. iii. An additional import up to 10% may be considered against exports of the products. iv. Units would be eligible for import after at least one year of production. 2. Effect of the Notification: Import of PET Flakes has been permitted subject to NOC from MoEF CC and an authorisation from DGFT. This issues with the approval of Minister of Commerce and Industry. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India E-mail: [email protected] [Issued from F. No. 01/89/180/M-32/AM-03/PC-2 (A)/E-1554]
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