Home India Ministry of Commerce and Industry Amendment in Export Policy of Amphotericin - B Injections...
Date: 2021-06-01 Category: Not Applicable State: Union Government Country: India

Amendment in Export Policy of Amphotericin - B Injections

Issued by Ministry of Commerce and Industry · Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

**Summary:** This notification, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India, effective June 1, 2021, amends the export policy of Amphotericin B injections. The notification, numbered 07/2015-2020 and filed under reference number 01/91/180/24/AM22/EC/E27724, restricts the export of Amphotericin B injections with immediate effect. This restriction applies to Amphotericin B injections falling under ITC HS Codes Ex 30049029 and Ex 30049099, as well as any other HS Code. The transitional arrangement provision under Para 1.05 of the Foreign Trade Policy (FTP) 2015-20 is not applicable to this notification. For inquiries, contact the Director General of Foreign Trade at dgft@nic.in.

Key Entities Referenced

AmphotericinB injections: Medication whose export policy is being amended. Foreign Trade Development Regulation Act, 1992: Act of Parliament under which powers are exercised for the notification. Foreign Trade Policy, 2015-20: The prevailing foreign trade policy under which the amendment is being made. ITC HS Export Policy, 2018: Schedule 2 of ITC HS Export Policy, 2018 is being amended. Directorate General of Foreign Trade: The issuing authority for the notification. Udyog Bhawan New Delhi: Location of the Directorate General of Foreign Trade office. Amit Yadav: Director General of Foreign Trade Ministry of Commerce and Industry: Parent ministry of the Department of Commerce and Directorate General of Foreign Trade.
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(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 Udyog Bhawan New Delhi Notification No. 07/2015-2020 New Delhi, Dated: 1° June, 2021 Subject: - Amendment in Export Policy of Amphotericin-B injections S.O. (E)In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment in Schedule 2 of the ITC (HS) Export Policy, 2018 related to export of Amphotericin-8 injections: S.No ITC HS Description Present Policy| Revised Codes Policy Ex 30049029 | Amphotericin-B injections " 207AB} Ex 30049099 Free Restricted 2. The provision under Para 1.05 of the Foreign Trade Policy (FTP) 2015-20 regarding transitional arrangement is not applicable for this notification. 3. Effect of this Notification: The export of Amphotericin-B injections falling under the ITCHS Codes specified above or falling under any other HS Code is restricted, with immediate effect. (Amit eg o\re21 Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India E-mail: dgft@nic.in (Issued from File No. 01/91/180/24/AM22/EC/E-27724)

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