Date: |
04-10-2019
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Notification No: |
Policy Circular No. 29/2015-20
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Issuing Authority: |
DGFT
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Type: |
Circular
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File No: |
F.No. 01/89/180/Moni-5852/AM-03/PC-2 (A)/Pt.III/P-13343 |
Subject: |
Clarification on Notification No.17 dated 05.09.2019 (Steel Import Monitoring System)
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Government of India Ministry of Commerce and Industry Department of
Commerce (Directorate General of Foreign Trade) Udyog Bhawan, H-Wing
Maulana Azad Road, New Delhi-110011 …………. Policy Circular No.
29/2015-20
Dated 04/10/2019
To
All Customs Authorities All Regional Offices of DGFT EEPC
FIEO
Many representations have been received from trade & industry
seeking clarification on
Notification No.17 dated 5th September, 2019
(Steel Import Monitoring System). The issues and responses thereto are given
below:
1. Can steel and steel parts be imported through airfreight
without SIMS registration?
Response: There is no restriction on mode of
transport but SIMS will not be applicable on air freighted goods as this mode is
used for emergency/small volume -high value goods required at short notice.
2. Whether SIMS registration will be valid for shipment/consignment basis or
on all imports of a particular item? Whether registration is bill of entry wise
or based on monthly projection quantity? Whether SIMS registration is valid for
multiple HS codes items together or for a particular item?
Response:
Registration can be taken for a quantity of one or more items (multiple HS
codes) which can be imported through more than one consignment within the
validity of the Registration (75 days). In other words, any number of
consignments can be imported by a single Registration within the validity of the
Registration.
3. Will SIMS be applicable to imports through Advance
Authorisation, DFIA and import to SEZs?
Response: SIMS is applicable to
imports through Advance Authorisation, DFIA and import to SEZs.
4. Can
returnable steel racks imported on temporary import and FOC basis be exempted
from SIMS registration and given fee waiver?
Response: These are not for
domestic consumption and on returnable basis; hence SIMS not applicable.
5. Is there a need to submit a declaration in case the consignment reaches
Indian sea port before or after stated ETA? Is there any provision in cases
where importer fails to register goods prior to actual import?
Response:
There is no need of any declaration. Import consignment can’t be cleared without
a registration.
6. Whether any variation in actual CIF value & stated CIF
value is allowed?
Response: A reasonable variation ranging within 5-10%
won’t be a problem.
7. How will imports designated in currency other than
USD & INR be treated?
Response: Currency other than US $ will have to be
converted to US $ at a rate published by Customs for that a particular month.
This issues with approval of competent authority.
F.No. 01/89/180/Moni-5852/AM-03/PC-2 (A)/Pt.III/P-13343
(S.K Mohapatra)
Deputy Director General of Foreign Trade (For Director General of Foreign
Trade)
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