9911796707
TMI BlogAmendment in Import Policy of Items under HSN 8471 of Chapter 84 of Schedule-I (Import Policy) of ITC (HS), 2022X X X X Extracts X X X X X X X X Extracts X X X X ..... 3 Subject: Amendment in Import Policy of Items under HSN 8471 of Chapter 84 of Schedule-I (Import Policy) of ITC (HS), 2022 -reg. S.O. 3471 (E): In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023, as amended from time to time, the Central Government hereby makes the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ty as applicable. iv. Exemption from import licence is provided for up to 20 such items per consignment for the purpose of R&D, Testing, Benchmarking and Evaluation, repair and re-export, Product Development purposes. Given imports shall be allowed subject to condition that the imported goods shall be used for the stated purposes only and will not be sold. Further, after the intended purpose, th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ect to Policy condition no. 4 of the Chapter 84714110 ---Micro computer Free Restricted Subject to Policy condition no. 4 of the Chapter 84714120 ---Large or main frame computer Free Restricted Subject to Policy condition no. 4 of the Chapter 84714190 ---Other Free Restricted Subject to Policy condition no. 4 of the Chapter 84714900 -Other automatic data processin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Evaluation, Repair and return, Product Development purposes. Exemption is further provided for re-import of such items repaired abroad. Exemption is also provided where the item is an essential part of a Capital Good. This issues with the approval of Minister of Commerce & Industry. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of Ind ..... X X X X Extracts X X X X X X X X Extracts X X X X
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