Amendment in the Policy, 1997-2002 (incorporating amendment made upto 13.4.98) and ITC(HS) Classification of Export and Import) item , 1997-2002 - 34 (RE-98) 1997-2002 - Foreign Trade Policy

Amendment in the Policy, 1997-2002 (incorporating amendment made upto 13.4.98) and ITC(HS) Classification of Export and Import) item , 1997-2002 /ADVANCE COPY/ TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE NOTIFICATION NO. 34 (RE-98) 1997-2002 NEW DELHI : 10 TH DECEMBER, 1998 S.O (E) - In exercise of powers conferred under section 5 of the of 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 amendment in the Policy, 1997-2002 (incorporating amendment made upto 13.4.98) and ITC(HS) Classification of Export and Import) item , 1997-2002 published on 31 st March, 1997 and as amended from time to time, namely - In the Import Licensing Notes, appearing in Chapter 72 of the said ITC(HS) Classifications of Export and Import Items 1997-2002(HS) Classification, the following clause shall be inserted in the end: "(3) Seconds and Defectives of items specified below is permitted for imports Free except those in respect of which the c.i.f. value is below the value specified against each of these items: S.No. ITC(HS) Code Description Minimum c.i.f. value (US $ per M.T.) 1. 72.08 H.R. Coils (TMQ) 232 2. 72.08 HR Sheets 243 3. 72.09 CR Coils 299 4. 72.10 Tinplates 545 5. 72.10 Electrical Sheets (CRNO) 577 6. 72.11 Plates 311 7. 72.27.90 Alloy Steel Bars Rods (Hot Rolled in Coils) 560 This issues in public interest. Sd: (N.L.Lakhanpal) Director General of Foreign Trade and ex-officio Additional secretary to the Government of India