NOTIFICATION NO. 55/2021, DT. 24/02/2022
- Document type
- Circular
- Dated
Amendment in import policy of items under ITC (HS) 8524 and 8525 of Chapter 85 of ITC (HS) 2022, Schedule I (Import Policy)
Amendment in import policy of items under ITC (HS) 8524 and 8525 of Chapter 85 of ITC (HS) 2022, Schedule – I (Import Policy)
S.O. 836(E).—In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) 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 items under ITC(HS) 8524 and 8525 of Chapter 85 of ITC(HS) 2022, Schedule – I (Import Policy) as follows –
| ITC(HS) Code | Item Description | Existing Import Policy | Revised Import Policy |
| 85241100 | Of liquid crystals | Restricted | Free |
| 85241200 | Of organic light-emitting diodes (OLED) | Restricted | Free |
| 85241900 | Other | Restricted | Free |
| 85249100 | Of liquid crystals | Restricted | Free |
| 85249200 | Of organic light-emitting diodes (OLED) | Restricted | Free |
| 85249900 | Other | Restricted | Free |
| 85258900 | Other | Restricted | Free |
2. Effect of the Notification: Import policy of ITC(HS) 8524 and ITC(HS) 85258900 is revised from ‘Restricted’ to ‘Free’ with immediate effect.
This issues with the approval of Minister of Commerce & Industry.
[F. No. 01/89/180/27/AM-21/PC-2[A]/E-30106]
SANTOSH KUMAR SARANGI,
Director General of Foreign Trade &
Ex-officio Addl. Secy.