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Circular

NOTIFICATION NO. 01/2022, DT. 29/04/2022

Document type
Circular
Dated

Amendment in import policy of ITC (HS) Codes 71123000, 71129100, 71129200, 71129910, 71129920, and 71129990 under Chapter 71 of Schedule – I (Import Policy) of ITC (HS), 2022

NOTIFICATION NO. 01/2022, DT. 29/04/2022

Amendment in import policy of ITC (HS) Codes 71123000, 71129100, 71129200, 71129910, 71129920, and 71129990 under Chapter 71 of Schedule – I (Import Policy) of ITC (HS), 2022.

 

S.O.(E): In exercise of powers conferred by Section 3 read with Section 5 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 of ITC (HS) Codes under tariff head 7112 under Chapter 71 of ITC (HS), 2022, Schedule – I (Import Policy), with immediate effect, as under:
 

ITC(HS) Item Description Existing Import Policy Revised Import Policy
71123000 Ash containing precious metal or precious metal compounds Free Restricted
71129100 -Other:– Of gold, including metal clad with gold but excluding sweepings containing other precious metals Free Restricted
71129200 -Other:– Of platinum, including metal clad with platinum but excluding sweepings containing other precious metals Free Restricted
71129910 –Other:— Of silver, including metal clad with silver but excluding sweepings containing other precious metals Free Restricted
71129920 –Other:— Sweepings containing gold or silver Free Restricted
71129990 –Other:— Other Free Restricted


Effect of the Notification: Import policy of ITC (HS) Codes 71123000, 71129100, 71129200, 71129910, 71129920 and 71129990 has been revised from ‘Free’ to ‘Restricted’ with immediate effect.

This issues with the approval of Minister of Commerce & Industry.
 

(SANTOSH KUMAR SARANGI)
Director General of Foreign Trade &
Ex- officio Addl. Secy to the GoI

[F. No. 01/89/180/36/AM-11/PC-2(A)/ E-1678]
 

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