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Import of Scrap and Waste Products.




Under the Exim Policy 2002-2007, following list of items are allowed to import in India without any license or certificate.

  1. Any form of metallic waste, scrap or any defective item which is far below their original price.

  2. Any material that does not contain any kind of hazardous waste or radioactive element in it.

  3. Waste paper material.

  4. Woolen Rags or shoddy wool in completely mutilated form.

  5. PET bottle waste.

  6. Import of any kind of old ships, which are now not in use can also be done in India under the guidelines issued by the Ministry of Shipping.

For the import of metal scrap, from a country involve in any kind of war or rebellion activities, following documents are required from the exporters side.   

  1. Pre-shipment inspection certificate from a reputed inspection or certification agencies as mentioned in the Handbook of Procedure Volume-1 to the effect that

    1. The consignment does not contain any type of arms and ammunition or radioactive waste.

    2. Imported item must be a metallic waste or scrap as per internationally defined parameters.

  2. Contract agreement between the importer and the exporter does not contain any kind of arms, ammunition, mines, shells, cartridges, radioactive waste or any other explosive material in any form.

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What is New?

Date: 10-02-2017
DGFT Public Notice No. 58/2015-2020
Amendment in Paragraph 3.06 of Handbook of Procedures 2015-20

Date: 08-02-2017
Customs Notification No. 10/2017 (NT)
Empowering the Principal Commissioner with the powers of Chief Commissioner

Date: 08-02-2017
Instruction
Passing of order under Section 110 of the Customs Act, 1962 – reg

Date: 07-02-2017
Notification No. 06/2017-Customs (ADD)
Seeks to extend the levy of anti-dumping duty, imposed on Cold Rolled Flat Products of alloy or non-alloy steel originating in or exported from China PR, Japan, Korea RP and Ukraine vide notification No. 45/2016-Customs (ADD), dated the 17.08.2016, for a further period of two months.

Date: 07-02-2017
Notification No. 05/2017-Customs (ADD)
Seeks to extend the levy of anti-dumping duty, imposed on Hot Rolled products of alloy or non-alloy steel originating in or exported from China PR, Japan, Korea RP, Russia, Brazil and Indonesia, vide notification No. 44/2016-Customs (ADD), dated the 08.08.2016, for a further period of two months.

Date: 06-02-2017
DGFT Public Notice No. 56/2015-2020
Addition of new sub para 5.03(c)(i) and (ii) and amendment in sub para 5.10(d)(ii) of Handbook of Procedures 2015-20

Date: 02-02-2017
RBI/2016-17/221 A.P. (DIR Series) Circular No. 30
Risk Management and Inter-bank Dealings: Permitting Non Resident Indians (NRIs) access to Exchange Traded Currency Derivatives (ETCD) market

Date: 02-02-2017
RBI/2016-17/220 A.P. (DIR Series) Circular No. 29
Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) - Compounding of Contraventions under FEMA, 1999

Date: 02-02-2017
Service Tax Circular No. 203/1/2017–ST
Mentioning of Minor head code of Refund

Date: 02-02-2017
Customs Notification No. 06/2017
Seeks to further amend Notification No. 12/2012-Customs, dated the 17.3.2012 so as to carry out Budgetary changes. Details are contained in Joint Secretary (TRU – I) DO letter dated 31.1.2017.



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