| Date: |
31-03-2021
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| Notification No: |
Notification No. 61/2015-2020-DGFT
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
F. No. 01/89/180/07/AM-20/PC-2(A)/E-19469 |
| Subject: |
Amendment in Import Policy of Copper and Aluminium under Chapter - 74 and Chapter - 76 of ITC (HS), 2017, Schedule-I (Import Policy) - reg.
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Government of India
Ministry of Commerce &
Industry
Department of Commerce
Directorate General of Foreign Trade
Notification No. 61/2015-2020-DGFT
New Delhi, the 31st March, 2021
Subject : Amendment in Import Policy of Copper
and Aluminium under Chapter-74 and Chapter-76 of ITC (HS), 2017, Schedule-I
(Import Policy) – reg.
S.O. 1427(E).—In exercise of powers conferred by
Section 3 & 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 time to time, the Central
Government hereby amends the import policy for the following items under
Chapters 74 and 76 of ITC HS classification from ‘Free’ to ‘Free with compulsory
registration’ under Non Ferrous Metal Import Monitoring System (NFMIMS) and
inserts a new policy condition in Chapters 74 and 76 of ITC(HS), 2017:
a.
A new Policy Condition is inserted in Chapter-74 (as Policy Condition 3) of
ITC(HS) 2017, Schedule-I (Import Policy) as under:
Import Policy for the
items as listed in Annexure-I have been revised from ‘Free’ to ‘Free subject to
compulsory registration’ under Non-Ferrous Metal Import Monitoring System
(NFMIMS).’
b. A new Policy Condition is inserted in Chapter-76 (as Policy
Condition 1) of ITC (HS) 2017, Schedule-I (Import Policy) as under:
Import Policy for the items as listed in Annexure-II have been revised from
‘Free’ to ‘Free subject to compulsory registration’ under Non-Ferrous Metal
Import Monitoring System (NFMIMS).’
c. The Non Ferrous Metal Import
Monitoring System (NFMIMS) shall require importers to submit advance information
in an online system for import of items in the Annexure-I (for copper) and
Annexure-II (for aluminium) and obtain an automatic registration number by
paying a registration fee of Rs.500/-. The importer can apply for registration
not earlier than 60th day and not later than 5th day before the expected date of
arrival of import consignment. The automatic number thus granted shall remain
valid for a period of 75 days.
d. 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.
e. The Non Ferrous Metal
Import Monitoring System (NFMIMS) will be effective from 12.04.2021 i.e. for
Bills of Entry filed on or after 12.04.2021 for items listed at Annexure-I and
Annexure-II to the Notification. The facility of online registration will be
available with effect from 5th April 2021 at http://imports.gov.in.
Effect of the Notification: Import of specific items in Chapter-74 and
Chapter-76 of ITC(HS) 2021 are subject to compulsory registration under Non
Ferrous Metal Import Monitoring System (NFMIMS).
This issues with the
approval of Minister of Commerce & Industry.
[F. No. 01/89/180/07/AM-20/PC-2(A)/E-19469]
AMIT YADAV,
Director General of Foreign Trade
& Ex-officio Addl. Secretary
to the Government of India
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