Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Date: 13-05-2020
Notification No: Notification No. 05/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: F.No.01/89/180/36/AM-11/PC-2[A]/E-1679
Subject: Amendment in import policy conditions of Silver under Chapter 71 of ITC (HS), 2017, Schedule – I (Import Policy).

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade

Notification No. 05/2015-2020

New Delhi, Dated: 13th May, 2020

Subject: Amendment in import policy conditions of Silver under Chapter 71 of ITC (HS), 2017, Schedule – I (Import Policy).

S.O. 1460(E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992. read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the import policy conditions of Silver under Chapter 71 of ITC (HS), 2017, Schedule – I (Import Policy).

Exim
Code
Item
Description
Import
Policy
Existing
Policy
Condition
Revised Policy Condition
71061000 Powder Restricted Import is allowed
only through
nominated agencies
as notified by RBI
(in case of banks) and DGFT (for other
agencies)
Import is allowed only
through nominated
agencies as notified by RBI
(in case of banks) and DGFT
(for other agencies).
However, import of Silver
under Advance Authorisation
and supply of silver directly
by foreign buyers to
exporters under Para 4.45 of
FTP against export orders are exempted.
71069100 Unwrought Restricted Import is allowed
only through
nominated agencies
as notified by RBI
(in case of banks) and DGFT (for other
agencies)
Import is allowed only
through nominated
agencies as notified by RBI
(in case of banks) and DGFT
(for other agencies).
However, import of Silver
under Advance Authorisation
and supply of silver directly
by foreign buyers to
exporters under Para 4.45 of
FTP against export orders are exempted.
71069210 Sheets, plates, strips, tubes and pipes Restricted Import is allowed
only through
nominated agencies
as notified by RBI
(in case of banks) and DGFT (for other
agencies)
Import is allowed only
through nominated
agencies as notified by RBI
(in case of banks) and DGFT
(for other agencies).
However, import of Silver
under Advance Authorisation
and supply of silver directly
by foreign buyers to
exporters under Para 4.45 of
FTP against export orders are exempted.
71069290 Other Restricted Import is allowed
only through
nominated agencies
as notified by RBI
(in case of banks) and DGFT (for other
agencies)
Import is allowed only
through nominated
agencies as notified by RBI
(in case of banks) and DGFT
(for other agencies).
However, import of Silver
under Advance Authorisation
and supply of silver directly
by foreign buyers to
exporters under Para 4.45 of
FTP against export orders are exempted.

Effect of the Notification: Import of Silver under Advance Authorisation and supply of silver directly by foreign buyers to exporters under Para 4.45 of FTP against export orders are exempted.

This issues with the approval of Minister of Commerce & Industry.

(F.No.01/89/180/36/AM-11/PC-2[A]/E-1679)

(Amit Yadav)
Director General of Foreign Trade &
Ex- officio Addl. Secretary to the Government of India

Note: The principal notification No. 36/2015-2020, dated the 17th January, 2017 was published in the Gazette of India, Extraordinary vide number S.O. 172 (E), dated the 17th January, 2017 and Notification No. 36/2015-2020 dated 18th December, 2019 was published in the Gazette of India, Extraordinary vide number S.O. 4534 (E), dated the 18th December, 2019.

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 20-11-2020
Circular No.51/2020-Customs
Clarifications regarding availment of exemption on temporary import of durable Containers - reg.

Date: 19-11-2020
Notification No. 38/2020 -Customs (ADD)
Seeks to further amend notification No. 56/2015-Customs (ADD) dated 4th Dec, 2015 to extend the levy of Anti-Dumping duty on Phthalic Anhydride originating in or exported from Japan and Russia, up to and inclusive of 31st Jan, 2021.

Date: 19-11-2020
Notification No. 108/2020 - Customs (N.T.)
Exchange rate Notification No.108/2020-Cus (NT) dated 19.11.2020

Date: 18-11-2020
Instruction No.19/2020-Customs
Imports from North Korea (KP)/Exports to North Korea(KP) – reg

Date: 17-11-2020
A.P. (DIR Series) Circular No. 06
Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999

Date: 14-11-2020
Circular No 1075/01/2020-CX
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (Removal of Difficulties) order 2020 dated 13th Nov.,2020- procedure for filing of declaration by the eligible declarant in the UT of J & K and UT of Ladakh and its verification thereafter, etc. - reg.

Date: 13-11-2020
A.P. (DIR Series) Circular No. 05
Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999

Date: 13-11-2020
Notification No. 107/2020-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: 12-11-2020
Notification No. 106/2020 - Customs (N.T.)
Exchange rate Notification No.106/2020-Cus (NT) dated 12.11.2020.

Date: 12-11-2020
Trade Notice No. 35/2020-21
Migration of AA/EPCG/DFIA Online modules to the new IT environment from 1 st December 2020 and non-availability of licence amendment services from 20th November 2020 to 30th November 2020 -reg



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001