Welcome to Amit Kumar Gupta Advocate

Ask a Query


Client Login

10 (RE-2013) 2009-2014 dt 22.04.2013
 

Amendment in Policy Condition 1 to Chapter 40 of ITC(HS), 2012.

To be Published in the Gazette of India Extraordinary
Part-II, Section - 3, Sub-Section (ii)
 
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
 
 
Notification No 10 (RE–2013)/2009-2014
New Delhi, Dated: 22nd April, 2013

 
 
Subject: Amendment in Policy Condition 1 to Chapter 40 of ITC(HS), 2012.
 
 
S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby amends Policy Condition 1 to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) as under:
 
2.       Presently, the bracketed portion at the end of Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) reads as under:
“[This policy condition applies to EXIM codes 4012 11 00, 4012 12 00, 4012 13 00, 4012 19 10, 4012 19 20, 4012 20 10, and 4012 20 90].”
The applicability of Policy Condition already finds a mention against the relevant 8 digit codes. Hence, the portion mentioned in the bracketed portion is not required.
 
3.       The bracketed portion at the end of Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) stands deleted.
 
4.       Effect of this notification:
          The redundancy in Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) is removed with immediate effect.
 
 
 

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft[at]nic[dot]in
 

 
(Issued from 01/89/180/Misc-13/AM-08/PC 2(A))
 

Opinion

The redundancy in Policy Condition 1 appended to Chapter 40 of ITC (HS) 2012, Schedule 1 (Import Policy) is removed with immediate effect.
Amit R Gupta

Our Services

Insurance Services

We offer comprehensive Insurance Services systems maintained by trained accounting.

Legal Services

 We offer comprehensive Legal Services systems maintained by trained accounting pr.

Investment Services

We offer comprehensive Investment Services  systems maintained by trained accoun.

Finance Services

 We offer comprehensive Finance Services systems maintained by trained accounting .

Due Diligence and Advisory Ser

We offer comprehensive Due Diligence and Advisory Services systems maintained by traine.

Corporate Services

We offer comprehensive Corporate Services systems maintained by trained accounting.

AMITRGUPTA

What We Do

Tax Consulting

We offer comprehensive Tax Consulting  systems maintained by trained accounting professionals. This local service coul...

READ MORE

Due Diligence

Investors, bankers and acquirers rely on Due Diligence as a standard of care during Mergers and ...

READ MORE

Taxation Services

We offer comprehensive Taxation Services systems maintained by trained accounting professionals. This local service could be...

READ MORE