Subject: |
Amendment in import policy of Integrated Circuit s (1Cs) and incorporation of policy condition for HS Codes 85423100, 85423900, 85423200, 85429000, and 85423300, of Chapter 85 of lTC (HS), 2017, Schedule - I (Import Policy).
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Government of India Ministry of Commerce &
Industry Department of Commerce Directorate General of Foreign Trade
Notification No. 05/2015-2020
New Delhi, Dated: 10 May, 2021
Subject: Amendment in import policy of Integrated
Circuits (lCs) and incorporation of policy condition for HS Codes 85423100,
85423900, 85423200, 85429000, and 85423300, of Chapter 85 of ITC (HS), 2017,
Schedule – I (Import Policy).
S.O. 1840(E): In exercise of powers
conferred by Section 3 read with Section 5 & Section 9 of FT (D&R) Act, 1992,
read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as
amended from ti me to time, the Central Government hereby amends the import
policy of following items under chapter 85 of I TC (HS), 2017, Schedule – I
(Import Policy):
HS Code |
Item Description |
Present Policy |
Revised Policy |
Present
Policy
Condition |
Revised Policy Condition |
85423100 |
Electronic integrated circuits: –
Processors and
controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other
circuits |
Free |
Free subject to compulsory registration under Chip
Imports Monitoring System (CIIIMS) |
– |
Subject to Policy Condition 6 of
Chapter-85 |
85423200 |
Electronic integrated circuits: – -Memories |
Free Imports |
Free subject to compulsory registration under Chip Monitoring System (CI IIMS) |
– |
Subject to Policy Condition 6 of
Chapter-85 |
85423300 |
Electronic integrated circuits: – -Amplifiers |
Free |
Free subject to compulsory registration under Chip
Imports Monitoring System (CIIIMS) |
– |
Subject to Policy Condition 6 of
Chapter-85 |
85423900 |
Electronic integrated circuits: – – Other |
Free Imports |
Free subject to compulsory registration under Chip Monitoring
System (CHIMS) |
– |
Subject to Policy Condition 6 of
Chapter-85 |
85429000 |
Parts |
Free |
Free subject to compulsory registration under Chip
Imports Monitoring System (CIIIMS) |
– |
Subject to Policy Condition 6 of
Chapter-85 |
2. A new Policy Condition No. 6 is being added in
Chapter-85 of ITC (HS), 2017, Schedule-I (Import Policy) which reads as under:
i. The Chip Imports Monitoring System (CHIMS) shall require importers to
submit advance information in an online system for import of items and obtain an
automatic Registration Number by paying registration fee of Rs. 1 per thousand
subject to minimum of Rs. 100/ and maximum of Rs. Rs 500 on CIF value.
ii. The importer can apply for registration not earlier than 60thday before the
expected date of arrival of import consignment and can apply till the date of
arrival of the import consignment . The Automatic Registration Number shall
remain valid for a period of 75 days. Importer shall have to enter the
Registration Number and expiry date of Registration in the Bill of Entry to
enable Customs for clearance of consignment.
3. The facility of online
testing of CHIMS, without payment of registration fee, will be available on
www.imports.gov.in with effect from 01.05.2021 on trial basis. The CHIMS will be
effective from 01.08.2021, i.e., Bill of Entry on or after 01.08.2021 for items
as listed in this Notification shall be governed by CHIMS. Accordingly, the
facility of online Registration for CHIMS will be available with effect from
01.08.2021.
4. Effect of the Notification: Import policy of item listed
above shall be subject to Chip Imports Monitoring System (CHIMS) with effect
from 01.08.2021.
(Issued from F.No.
01/89/180/29/AM-20/PC-2[A]/E-24342)
(Amit Yadav) Director General of
Foreign Trade & Ex- officio Addl. Secretary to the Government of India
Email: [email protected]
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