Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 6 2019 2019 (6) This

Draft Comprehensive ITC (HS) Export policy, 2019

6-6-2019
  • Contents

F.No. 01/91/180/09/AM18/EC

Government of India

Ministry of Commerce & Industry

Directorate General of Foreign trade

Udyog Bhawan, New Delhi-110011

Dated: 24th May, 2019

OFFICE MEMORANDUM

Subject: Draft Comprehensive ITC (HS) Export policy, 2019

Based on inputs received from various Partner Government Agencies, it is proposed to bring out a comprehensive Export Policy for all ITC(HS) tariff codes(including items which are 'free' for export and do not currently exist in the policy), covering conditions/ restrictions imposed by Partner Government Agencies on exports.

2. The updated and revised draft of Schedule 2 of ITC (HS) Export policy 2019 has been prepared as per the following:

i. Policy of export of all ITC (HS) codes will remain as per the existing Export policy. No change is envisaged in the existing Export Policy.

ii. All existing ITC (HS) tariff lines have been added to the policy including the ITC (HS) codes for which export is free.

iii. All existing Policy conditions in the current Export policy have been incorporated in the draft export policy 2019.

iv. The draft policy incorporates all notifications and Public notices issued after January, 2018 tor ITC (HS) codes related to export policy.

v. Non-tariff regulations imposed by the Partner Government Agencies have also been added in the “policy condition” column in the draft.

vi. Each ITC (HS) code includes compliances mentioned in the ICEGATE.

3. Comments/suggestions on the Draft Export policy 2019 (excluding policy of specific items) are invited from all the stakeholders/exporters. Any factual inaccuracy/error may also be pointed out. The draft policy will be available on the DGFT website for next 10 days. Suggestions/Comments Of any) may be sent to Export Cell, DGFT on [email protected].  

(Nitish Suri)

Dy. Director General of Foreign Trade

Tel. No. 23061562 Extn. 283

Email: nitish.suri@nic-in

Draft Comprehensive ITC (HS) Export policy, 2019

Quick Updates:Latest Updates