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Notes


Packing Notes(I-O Norms)



GENERAL POLICY FOR PACKING MATERIAL


In respect of export products for which standardised norms do not provide packing material as an import input or in cases where additional packing
material as an import input other than those given in Standard Input-Output Norms are required, or in cases where norms have not been standardised as yet
and the licences are granted on ad-hoc/ individual basis by competent authority, the import of packing material as an input may be allowed in the following
manner:



  1. a. Packing material in finished form On 'Net + 1% wastage' b. Raw materials to be used for the On 'Net + 5% wastage' manufacture of
    packing material. However, GP/ CRCA in the shape of Sheets/ Strips and Coils may be allowed on
    'Net plus 10% wastage'.

  2. The exporter shall account for the net content of the packing material minus the wastage allowed in the exports made.

  3. The packing material with wastage indicated above will be allowed within the overall CIF value of the licence.

  4. Wherever packing materials allowed for import is in the nature of Polymer, only the relevant grade required for the export product, i.e.,
    moulded grade or film grade or blowing grade, tape grade as per the declaration of the applicant, will be permitted.


In cases where only packing material has been asked for in the application for issue of advance licence as per the general note above, where there is no
specific Standard Input Output Norm (SION), falling under any product group,advance licence in such cases shall be issued under the General Product Group
vide "9999".



 

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What is New?

Date: 02-12-2020
Notification No. 43/2020-CUSTOMS (ADD)
Seeks to impose provisional anti-dumping duty on imports of Toluene Di-isocyanate (TDI) having isomer content in the ratio of 80:20, originating in or exported from European Union, Saudi Arabia, Chinese Taipei and UAE, for a period of six months.

Date: 01-12-2020
Notification No. 42/2020 -Customs (ADD)
Seeks to amend notification No. 21/2016-Customs (ADD) dated 31st May, 2016 to extend the levy of Anti-Dumping duty on Methylene chloride originating in or exported from China PR, up to and inclusive of 31st Jan, 2021.

Date: 01-12-2020
Notification No. 90/2020 – Central Tax
Seeks to make amendment to Notification no. 12/2017- Central Tax dated 28.06.2017.

Date: 01-12-2020
PUBLIC NOTICE NO. 31/2015-2020
Enlistment as designated port in Para 2.54(d)(iv) of Handbook of Procedure, 2015-2020

Date: 29-11-2020
Notification No. 89/2020 – Central Tax
Seeks to waive penalty payable for noncompliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March, 2020.

Date: 27-11-2020
Notification No. 109/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 27-11-2020
Circular No. 52/2020-Customs
Exports of Gems and Jewellery through Courier mode - reg.

Date: 27-11-2020
Notification No. 40/2020-Customs (ADD)
Seeks to impose Anti-Dumping duty on Fluoroelastomers (FKM) originating in or exported from China PR for a period of 5 years, in pursuance of sunset review final findings issued by DGTR

Date: 27-11-2020
Notification No. 41/2020 -Customs (ADD)
Seeks to further amend notification No. 49/2015-Customs (ADD), dated 21st October, 2015 to extend the levy of ADD on imports of “Front Axle Beam and Steering Knuckles meant for heavy and medium commercial vehicles” originating in or exported from China PR, for a period upto and inclusive of the January 31, 2021

Date: 26-11-2020
Notification No. 43/2020-Customs
Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe BCD rate of 27.5% on Crude Palm Oil



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