Home India Ministry of Commerce and Industry Amendment in import policy condition of Glufosinate Technica...
Date: 23-Jan-2024 Category: Extra Ordinary State: Union Government Country: India

Amendment in import policy condition of Glufosinate Technical covered under HS Code 38089390 of Chapter 38 of Schedule I (Import Policy) of ITC (HS) 2022.

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

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Executive Summary & Key Takeaways

What it means

  • The gazette notification amends the import policy condition for Glufosinate Technical, which falls under HS Code 38089390. The amendment changes the import policy from 'Free' to 'Prohibited', with an exception for imports with a CIF value of Rs. 1289/- or above per Kg, which will remain 'Free'.
  • This notification is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry.

Key Changes

  • The import policy for 'Glufosinate Technical' under ITC (HS) Code 38089390 has been revised from 'Free' to 'Prohibited'.
  • An exception is made: import is 'Free' if the CIF value is Rs. 1289/- or more per kilogram.
  • The change is effective from January 25, 2024.
  • The policy condition will be reviewed after one year.

Impact Analysis

Importers of Glufosinate Technical

  • Action Item: Review existing contracts and supply chains to assess the impact of the changed import policy and adjust sourcing strategies accordingly.

Users of Glufosinate Technical (e.g., agricultural sector)

  • Potential increase in the cost of Glufosinate Technical if importers shift to higher-valued imports or face supply constraints.

Government

  • Action Item: Monitor the impact of the policy change on the import and usage of Glufosinate Technical and prepare for the policy review after one year.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The issuing authority for this notification, under the Ministry of Commerce and Industry. Ministry of Commerce and Industry: The ministry under which the DGFT operates, responsible for foreign trade policy. Foreign Trade (Development & Regulation) Act, 1992: The Act that empowers the Central Government to regulate foreign trade. Foreign Trade Policy 2023: The prevailing foreign trade policy that guides import and export regulations. ITC (HS) 2022: Indian Trade Classification (Harmonized System) 2022, which categorizes goods for import and export purposes. This notification specifically refers to Chapter 38 and HS Code 38089390. Insecticides Act, 1968: Legislation governing the import, manufacture, sale, transport, distribution and use of insecticides in order to prevent risk to human beings and animals.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-23012024-251571 CG-DxLx-xEG-I2D3H0x1x2x0 24-251571 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 315] नई दिल्ली, मगं लवार, िनवरी 23, 2024/माघ 3, 1945 No. 315] NEW DELHI, TUESDAY, JANUARY 23, 2024/MAGHA 3, 1945 ubZ fnYYkh] 23 tuojh] 2024 I le;≤ ij ;Fkk la'kkfs/kr fons'k O;kikj uhfr 2023 ds iSjkxzkQ 1-02 vkSj 2-01 ds lkFk ifBr fons'k O;kikj ¼fodkl vkSj fofu;eu½ vf/kfu;e] 1992 dh /kkjk 3 vkSj /kkjk 5 }kjk iznÙk 'kfDRk;kas dk iz;ksx djr s gq,] dsanz ljdkj vkbZVhlh ¼,p,l½ 2022] vuqlwph&I ¼vk;kr uhfr½ ds v/;k; 38 ds rgr doj fd, x, fuEufyf[kr ,p,l dksM ds fy, vk;kr dh uhfrxr 'krZ esa, fnukad 25-01-2024 ls izHkkoh] fuEukuqlkj la'kks/ku djrh gS% 'k 'k 'k 38089390 - - - vU; eqDr ;fn dhVuk'kh ¼d½ ;fn dhVuk'kh vf/kfu;e] 1968 vkSj mlds la#i.k vf/kfu;e] 1968 ds varxZr vk;kr ds fy, iath—r gS vkSj fuf"k) ugha gSA vkSj mlds ¼[k½^XywQksflusV VfsDudy^ ¼'kq)rk&U;wure 95% la#i.k ds MCY;w@MCY;w½ [lh,,l ua- 51276&47&2] dk vk;kr varxZr vk;kr ds 1289@& #i;s izfr fdyksxzke ls de lhvkbZ,Q eYw ; ds fy, iath—r gS 517 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] vkSj fuf"k) ugha fy, ^^fuf"k)^^ gSA gSA ¼x½ rFkkfi] ^XywQksflusV VfsDudy^ dk vk;kr #- 1289@& izfr fdxzk vFkok mlls vf/kd lhvkbZ,Q eYw ; ds fy, ^eqDr^ gSA ¼?k½ mDr uhfrxr 'krZ dh leh{kk ,d o"kZ dh vof/k ds ckn dh tk,xhA *vkbZ;wih,lh uke% 2&vehuks&4&[gkbZMªksDlh9ehFkkby½ QkWLQkfsjy] C;wVus kbs d ,flM vkbZVhlh ¼,p,l½ dkMs 38089390 ds rgr ^XywQksflusV VsfDudy^ dh vk;kr uhfr dks ^eqDr^ ls l'kkfs/kr djds ^^fuf"k)^^ fd;k x;k gSA rFkkfi] lhvkbZ,Q ewY; 1289@& #i;s izfr fdyksxzke vFkok blls vf/kd gksus ij vk;kr eqDr gksxkA ;g fnukda 25-01-2024 ls ykxw gksxkA bls okf.kT; ,o a m|ksx ea=h ds vuqeksnu ls tkjh fd;k tkrk gSA [Qk- la- 01@89@180@16@,,e&23@ihlh-2 [d]@bZ&38206] lark"sk dqekj lkjaxh] egkfuns'kd] fon's k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 23rd January, 2024 No. 58 /2023 Subject: Amendment in import policy condition of Glufosinate Technical covered under HS Code 38089390 of Chapter 38 of Schedule –I (Import Policy) of ITC (HS) 2022. S.O. 331(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 condition for the following HS Code covered under Chapter 38 of the ITC (HS), 2022, Schedule -I (Import Policy), with effect from 25.01.2024, as under: HS code Item Existing Existing Revised Policy Condition Description Policy Policy Condition 38089390 --- Other Free If registered (a) If registered and not prohibited for import under and not Insecticides Act, 1968 and formulations thereof. prohibited for (b) Import of ‘Glufosinate Technical’* (Purity – import under Minimum 95% w/w) [CAS No. 51276-47-2] is Insecticides “Prohibited” for CIF value below Rs. 1289/- per Kg. Act, 1968 and (c) However, import of ‘Glufosinate Technical’ is formulations “Free” for CIF value of Rs. 1289/- or above per Kg thereof. (d) The said policy condition shall be reviewed after a period of one year. * IUPAC Name: 2-amino-4-[hydorxy9methyl) phosphoryI] butanoic acid Effect of the Notification: The import policy of ‘Glufosinate Technical’ under ITC (HS) Code 38089390 is revised from "Free" to “Prohibited”. However, import shall be free if CIF value is Rs. 1289/- or above per Kg. This will be effective from 25.01.2024 This issue with the approval of Minister of Commerce & Industry. [F. No. 01/89/180/16/AM-23/PC-2[A] /E-38206] SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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