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Date: 30-10-1998
Notification No: DGFT Notification No 28/1998
Issuing Authority: DGFT  
Type: Notification
File No:
Subject: Amendments in "ITC (HS) Classifications of Export and Import Items"
Amendments in "ITC (HS) Classifications of Export and Import Items"

Notification No. 28 dated 30th October 1998

In exercise of the powers conferred by section 5 of the Foreign Trade  (Development and Regulation) Act, 1992  (No. 22 of 1992) read with paragraph 4.1 of Export and Import Policy, 1997-2002, and in supersession of earlier Public Notice Nos.47 and 50 dated 08.10.98 and 15.10.98 respectively issued on the subject, the Central Government hereby makes the following amendments in the ITC (HS) Classification of Export and Import Items 1997-2002 (RE-98), as amended from time to time, namely �

EXIM Code

Item description

Policy

Conditions relating to the Policy

Import under SIL/Public Notice

 

50020000

Raw Silk  (not thrown)

Restricted

Permitted to be imported against a licence or in accordance with a Public Notice issued in this behalf

Import of Mulberry Raw Silk conforming to Grade 2A and above only is permitted against Special Import Licence  (SIL). However, c.i.f. value of the surrendered Special Import Licence  (SIL) shall be three times the c.i.f. value of the imported goods.

This issues in public interest.

       

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