N 55/2024 IN FORCE Import policy & restrictions ·? 2024-01-03

Amendment in Import Policy and Policy condition of Screws covered under HS code 7318 of Chapter 73 of Schedule –I (Import Policy) of ITC (HS) 2022.

Subject

Amendment in Import Policy and Policy condition of Screws covered under HS code 7318 of Chapter 73 of Schedule —I (Import Policy) of ITC (HS) 2022.

Document text

To be published in the Gazette of India Extraordinary Part-ll, Section-3, Sub-Section (ii)

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade

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----- Start of picture text -----<br> Notification No. 55/2023<br>New Delhi, Dated: 3 January, 2024<br>----- End of picture text -----<br>

Subject: Amendment in Import Policy and Policy condition of Screws covered under HS code 7318 of Chapter 73 of Schedule —I (Import Policy) of ITC (HS) 2022.

S.O. (E): In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby amends the import policy and policy condition for specific HS codes covered under Chapter 73 of the ITC (HS), 2022, Schedule-| (Import Policy) as under:

|ee<br>73181110|ee <br>Description<br>- Threaded|ee <br>Description<br>- Threaded|ee <br>Description<br>- Threaded|ee <br>Description<br>- Threaded|ccd <br>Import Policy<br>Free|== <br>|Policy<br>Condition<br>Subject|== <br>|Policy<br>Condition<br>Subject|nec<br>Import Policy<br>_tojProhibited|coeell<br>|Condition<br>However, import|coeell<br>|Condition<br>However, import|
|---|---|---|---|---|---|---|---|---|---|---|
||articles: <br>Screws||--|Coac<br>---||Policy<br>condition|||is “Free”<br>alue<br>is’|if CIF<br>Rs.|
||Machine screws|||||no. 2 and||3|129/-<br>or|above|
|||||||of|this||per<br>Kg|and|
|||||||Chapter|||subject to|Polic|
||||||||||condition|no.<br>2|
||||||||||and<br>3<br>of<br>this||
||||||||||Chapter||
|73181190|-Threaded<br>articles: --|||Coac|Free|Subject <br>Policy|—|tojProhibited|However, <br>is “Free”|impo<br>if CIF|
||Screws||---|Other||condition|||value<br>is’|Rs.|
|||||||no. 2 and||3|129/-<br>or|above|
|||||||of|this||per<br>Kg|and|
|||||||Chapter|||subject to|Polic|
||||||||||condition|no.<br>2|
||||||||||and<br>3<br>of<br>this||
||||||||||Chapter||
|73181200|-||Threaded|Free|||Subject|—|to/Prohibited|However,|import|
||articles||: --|Othe||Policy|||is “Free”|if CIF|
|||ood screws||||condition|||alue<br>is’|Rs.|
|||||||no. 2 and||3|129/-<br>or|above|
|||||||of|this||per<br>Kg|and|
|||||||Chapter|||subject to|Polic|
||||||||||condition|no.<br>2|
||||||||||and<br>3<br>of<br>thi||
||||||||||Chapter||
|73181300|-||Threaded|Free|||Subject||to/Prohibited|However,|import|
||articles<br>Screw|||:<br>-<br>hooks||Policy<br>condition|||is “Free”<br>value<br>is’|if CIF<br>Rs.|
||and screw|||rings||no. 2 and||3|129/-<br>or|above|
|||||||of|this||per<br>Kg|and|
|||||||Chapter|||subject to|Policy|
||||||||||condition|no.<br>2|
||||||||||and<br>3<br>of<br>this||
||||||||||Chapter||

D~—

	73181400	-	Threaded\Free	Subject	— toj/Prohibited	However,	impo
		articles<br>apping	: -- Self.<br> screws	Policy<br>condition		is “Free”<br>alue<br>is’	if CIF<br>Rs.
				no. 2 and 3		129/-<br>or	above
				of	this	per<br>Kg	and
				Chapter		subject to	Polic
						condition	no.<br>2
						and<br>3<br>of<br>thi
						Chapter
	73181500	-	Threaded\Free	Subject	tojProhibited	However,	impo
;		articles	: -- Othe	Policy		is “Free”	if CIF
		screws	and	condition		alue<br>is	Rs.
		bolts, whether o		no. 2 and 3		129/-<br>or	above
		not<br>with — thei<br>nuts orwashers		of<br>Chapter	this	per<br>Kg<br>subject to	and<br> Polic
						condition	no.<br>2
						and<br>3<br>of<br>this
						Chapter
	73181900	-<br>articles	Threaded\Free<br> : -- Other	Subject<br>Policy<br>condition	— tojProhibited	However, <br>is “Free”<br>alue<br>is’	impo<br>if CIF<br>Rs.
				no. 2 and 3		129/-<br>or	above
				of<br>Chapter	this	per<br>Kg<br>subject to	and<br> Polic
						condition	no.<br>2
						and<br>3<br>of<br>this
						Chapter

Effect of the notification: The Import Policy of Screws under ITC (HS) Codes 73181110, 73181190, 73181200, 73181300, 73181400, 73181500 and 73181900 is revised from “Free” to “Prohibited”. However, import shall be “Free” if CIF value is Rs. 129/- or above per Kg.

This is issued with the approval of Minister of Commerce & Industry.

(Santosh Kumar Sarangi) Director General of Foreign Trade & Ex-officio Addl. Secretary to Govt. of India Email: dgft@nic.in

(Issued from File No. 01/89/180/13/AM-23/PC-2[A] /E-37595)

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