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

TMI Blog

Home

Subject: Import of toys - Amendment in Policy condition No. 2 to Chapter 95 of ITC (HS), 2017 - Schedule - 1 (Import Policy) procedure to be followed, in case goods are allowed to be warehoused- regd.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d. Attention of the Importers, Custom Brokers and all concerned are invited to the Notification 26/2015-20 dated 01.09.2017 issued by the Director General of Foreign Trade, New Delhi on the above mentioned subject. The DGFT vide above referred Notification, revised Policy condition No.2 to Chapter 95 of ITC (HS), 2017 - Schedule - 1 (Import Policy). As per New Policy condition Import of Toys shall be permitted freely when accompanied by the following certificates. (i) A Certificate that the toys being imported conform to the standards prescribed in IS: 9873 Part - 1, Part-2, Part-3, Part-4, Part-7, Part-9 and 15644:2006. (ii) A Certificate of Conformance from the manufacturer that representative sample of the toys being im .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 26/2015-20 dated 01.09.2017 issued by the Director General of Foreign Trade, New Delhi). (ii) The Group officer shall also give examination order as If the Test Report Certificate of Conformance as per new policy is not produced at the time of Examination. Please examine the goods verify the description, quantity, IGST rate for Electronic and Non-electronic toys, applicability of FTA benefit if claimed, compliance of RE-44 and other aspects. If the goods are found in order (except non-production of Test Report Certificate of Conformance), then give Out of Charge for Warehousing with Comments Test Report Certificate of Conformance may be verified at the time of Ex-bonding in the Departmental Comments column and also endorse rem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... In-charge of Warehouse shall examine the goods as per Examination Order on Hard copy of the Check List ensure the compliance of Policy condition. He shall give the Examination Report on Hard copy of the Check List and forward the same to the Group. The Supdt. In-charge of Warehouse shall also verify the NOC from Group before allowing delivery of Toys under Ex-bond Bill of Entry. For Bond Supdt. who will give Out of Charge:- (i) The Bond Supdt. has to ensure that no Ex-bond Bill of Entry of Toys either selected for assessment or RMS facilitated will be Out of Charged without NOC from Group. A separate register has to be maintained with the details of Ex-bond Bill of Entry No. date, Warehouse Bill of Entry No. date, NOC detai .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates