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Date: 08-08-1997
Notification No: DGFT Notification No 11/1997
Issuing Authority: DGFT  
Type: Notification
File No:
Subject: Amendment in ITC (HS) Classification of Exim Policy
Amendment in ITC (HS) Classification of Exim Policy

Notification No. 11 dated 8th August 1997

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, in the Central Government hereby notifies the following amendments in the * ITC (HS) Classifications of Export and Import Items 1997-2002", namely:

The policy indicated against the following Sub-Exim under Code 40.12 should be amended to read as under:

Exim code

Item description

Policy

Condition relating to the policy

Import under SIL/ Public Notice

40121000.10

For buses, lorries and earth moving equipment including bigger size vehicles and light Commercial vehicles

Restricted

Not permitted to be imported permitted against a   licence or in or in accordance with a Public Notice issued in this behalf

Import freely if the per tyre c.i.f value is US $175 and above

40121000.20

For passenger automobile vehicles, including two wheelers, three wheelers and personal type vehicles

Restricted

Not permitted to be imported except against a licence or in accordance with a public with a in this behalf

Import permitted freely if the per Tyre CIF value is US $ 25 and above

40122000.10

For buses, lorries and earth moving equipment including bigger size vehicles and light Commercial vehicles

Restricted

Not permitted to be imported except against a licence or in accordance with a Public Notice c.i.f. issued in this behalf

Import permitted freely if the per tyre value is US $ 175 and above.

40122000.20

For passenger automobile vehicles including two wheelers, three wheelers and Personal type vehicles

Restricted

Not permitted to be imported except against a licence or in accordance with a in this behalf

Import permitted freely if the per tyre CIF value is $ 25 and above

 There shall be no change in the import policy indicated against other sub-Exim Codes.

2.     This issues in public interest.

       

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