Amendment in Import policy of Iron & Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC(HS), 2017 Schedule-1

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Taxes Customs) Room No. 227B, North Block, New Delhi. Dated the 21st November, 2019 To, All Principal Chief Commissioners/Chief Commissioners of Customs/ Customs (Preventive.) All Principal Chief Commissioners/ Chief Commissioners of Customs Central Tax All Principal Commissioners/ Commissioners of Customs/ Customs (Prev.) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... free to free subject to compulsory registration under Steel Import Monitoring System (SIMS) . The Steel Import Monitoring System (SIMS) shall require importers to submit an advance information on an online system for import of items in the Annex and obtain an advance automatic registration number by paying the prescribed registration fee. 3. The necessary changes related to SIMS have b .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Policy Circular No 29/2015-20 dated 04.10.2019 issued by DGFT, the following points are to be noted: a. SIMS registration will not be applicable on air-freighted goods as this mode is used for emergency/small volume-high value goods required at short notice. b. Once SIMS registration has been obtained, any number of consignments can be imported by a single SIMS registration wi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X