Home India Ministry of Commerce and Industry Amendment in import policy condition for items under ITC (HS...
Date: 2024-07-05 Category: Not Applicable State: Union Government Country: India

Amendment in import policy condition for items under ITC (HS) code 07019000 of Chapter 07 of ITC (HS), 2022, Schedule-I (Import Policy)

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, amends the import policy condition for potatoes (fresh or chilled) under ITC HS code 07019000 of Chapter 07 of the ITC HS, 2022, Schedule Import Policy. Effective July 5, 2024, the revised policy allows the import of potatoes from Bhutan without any import license, permitted freely up to June 30, 2027. This revises the previous policy which permitted the same only up to June 30, 2024. The notification is issued in exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023. For further information, contact the Director General of Foreign Trade at dgft@nic.in, referencing File No. 01/89/180/02/AM17/PC2[AE3200].

Key Entities Referenced

Directorate General of Foreign Trade: An agency of the Ministry of Commerce and Industry, Government of India, responsible for implementing the Foreign Trade Policy. Foreign Trade Development Regulation Act, 1992: An act of the Indian Parliament that empowers the Central Government to make provisions for the development and regulation of foreign trade. Foreign Trade Policy, 2023: A policy document outlining the guidelines and objectives for promoting and regulating India's foreign trade. ITC HS Code 07019000: The Harmonized System code used to classify potatoes, fresh or chilled, for import and export purposes. Chapter 07 of ITC HS, 2022, Schedule Import Policy: Refers to the chapter in the Indian Trade Classification based on Harmonized System (ITC HS) that covers edible vegetables and certain roots and tubers. Bhutan: A country from which import of potatoes is permitted without license until June 30, 2027. Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India. Ministry of Commerce and Industry: A ministry of the Government of India responsible for formulating and implementing policies related to commerce and industry.
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See Full Document Text
To be published in the Gazette of India Extraordinary Part-II, Section-3, and Sub- Section (ii) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No.20 /2024-25 New Delhi, Dated: 05" July 2024 Subject: Amendment in import policy condition for items under ITC (HS) code 07019000 of Chapter 07 of ITC (HS), 2022, Schedule - | (Import Policy) 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 policy condition of item under Chapter 07 of ITC (HS) 2022, Schedule - | (Import Policy): ITC(HS) Item Policy Existing Policy|Revised Policy, Code description Condition Condition 107019000 _ |Potatoes, fresh/Restricted {Import of Potatoes|lmport of Potatoes| lor chilled: tom Bhutan isffrom Bhutan _ isi Other permitted freely,|permitted freely, ithout any license,jwithout any licence, lup to 30% Junelup to 30 June 2024. 2027. Effect of the Notification: Import of Potatoes under ITC (HS) code 07019000 is allowed from Bhutan without any Import Licence, up to 30" June 2027. 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. 01/89/180/02/AM-17/PC-2(A)/E-3200)

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