POLICY CIR NO. 33/2019, DT. 20/03/2020
- Document type
- Circular
- Dated
DGFT Clarification on issues faced by exporters of APIs/Formulation
DGFT Clarification on issues faced by exporters of APIs/Formulation
Subsequent to the issuance of the Notification No. 50 dated 03.03.2020 restricting export of 13 APIs and 13 formulations made from these APIs, DGFT has received various representations from SEZ units and other exporters highlighting the issues faced by the exporters of APIs/Formulations.
2. DGFT has examined these issues and the following is being clarified:
I. As per the SEZ Rules, the restriction on exports does not apply to SEZs. It is, therefore, clarified that the exports of restricted APIs and Formulations made from these APIs is allowed from SEZ Units.
II. The restriction notified vide Notification No. 50/2015-20 dated 03.03.2020 is applicable for only those item descriptions specified in the Notification and not on the other APIs/Formulations that may be falling under the same ITC (HS) codes and have different description. Therefore, it is clarified that all other items under the ITC (HS) codes in the notification other than the ones falling under the item description specified against each code in the Notification are allowed for exports.
This issues with the approval of Competent Authority.
(Nitish Suri)
Deputy Director General of Foreign Trade
Email – nitish.suri@nic.in
Ph. 23061536
(Issued from File No. 01/91/180/24/AM20/EC)