Home India Ministry of Commerce and Industry Amendment in import policy condition of HS Code 29335200 und...
Date: 2022-08-01 Category: Extra Ordinary State: Union Government Country: India

Amendment in import policy condition of HS Code 29335200 under Chapter 29 of ITC (HS) 2022, Schedule I (Import Policy)

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

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

## Policy Analysis Report: Amendment to Import Policy Condition for HS Code 29335200 **1. Executive Summary:** This report analyzes an amendment to the import policy condition for Harmonized System (HS) Code 29335200, pertaining to compounds containing a pyrimidine ring, specifically Malonylurea, Barbituric Acid, and its salts. The amendment, issued by the Directorate General of Foreign Trade (DGFT) on August 1, 2022, removes the requirement for a No Objection Certificate (NOC) from the Narcotics Commissioner, Gwalior, for importing these substances. This change aims to streamline the import process for these compounds. The key finding is a reduction in the administrative burden for importers of HS Code 29335200 substances. **2. Introduction:** This report provides an informative analysis of the amendment to the import policy condition for HS Code 29335200, as notified by the Directorate General of Foreign Trade (DGFT) on August 1, 2022. The analysis is based solely on the information provided within the policy text. **3. Policy Overview:** * This document is an **amendment** to the Foreign Trade Policy (FTP) 2015-2020, specifically impacting the import policy outlined in the ITC (HS) 2022, Schedule I Import Policy, Chapter 29. * **Core Objective:** Based on the text, the objective is to modify and update the import regulations for specific chemical compounds to align with current needs. A key objective is to remove a restriction on trade, suggesting a desire to ease import procedures for affected chemicals. **4. Background and Rationale:** This amendment likely addresses concerns regarding the efficiency and potential bottlenecks in the import process of Malonylurea, Barbituric Acid, and its salts. The requirement for a NOC from the Narcotics Commissioner, Gwalior, likely added administrative burden and potentially delayed import procedures. Removing this requirement suggests a reassessment of the necessity of this control measure, balancing regulatory oversight with the facilitation of trade. The text does not provide further context regarding specific industry needs, supply chain issues, or risk assessment prompting this change. **5. Key Provisions / Changes:** * **Specific Policy Change:** The amendment specifically alters the import policy condition for HS Code 29335200 under Chapter 29 of ITC HS 2022, Schedule I Import Policy. * **New Rule/Provision:** The new provision states that the import of Malonylurea, Barbituric Acid, and its salts "shall be allowed without NOC from Narcotics Commissioner, Gwalior." The previous condition No. 3 requiring a NOC has been deleted. * **Difference/Effect of Change:** The direct effect of this change is the removal of the mandatory NOC requirement for importing the specified substances. This will likely reduce the processing time and administrative costs associated with importing these compounds, potentially benefitting industries that rely on them. **6. Target Audience and Stakeholders:** The target audience and primary stakeholders directly affected by this amendment are: * Importers of Malonylurea, Barbituric Acid, and its salts (HS Code 29335200). * Industries that utilize these compounds in their production processes. * Logistics companies involved in the import and transportation of these chemicals. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Directorate General of Foreign Trade (DGFT) is responsible for implementing this amendment. The Narcotics Commissioner, Gwalior, is no longer directly involved in the import clearance process for these specific substances. * **Timelines/Procedures:** The amendment takes effect "with immediate effect" from August 1, 2022. The specific procedures for import are likely simplified, as the requirement to obtain and present a NOC is removed. No new procedures are outlined in the provided text. * **Changes to Implementation:** Implementation has been streamlined with the elimination of the NOC requirement. Importers no longer need to apply for and obtain NOC from Narcotics Commissioner, Gwalior. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of this amendment is to: * **Reduce administrative burden** for importers of Malonylurea, Barbituric Acid, and its salts. * **Streamline the import process** for these compounds, potentially leading to faster clearance times. * **Lower the cost** associated with importing these substances by eliminating the need to obtain a NOC. * **Promote trade facilitation** by removing a potential barrier to import. The potential impact of these changes includes: * Increased efficiency in supply chains for industries that rely on these chemicals. * Greater competitiveness for businesses that import these compounds. * Reduced delays in accessing these essential raw materials. **9. Conclusion:** The amendment to the import policy condition for HS Code 29335200, removing the NOC requirement for Malonylurea, Barbituric Acid, and its salts, represents a significant step towards streamlining trade facilitation. By reducing administrative burdens and simplifying import procedures, this amendment is likely to benefit importers and industries that rely on these compounds. This amendment demonstrates the government’s effort to regularly review and update trade policies to enhance efficiency and competitiveness.

Key Entities Referenced

Foreign Trade Policy FTP, 20152020: A policy governing foreign trade, spanning the years 2015 to 2020. Foreign Trade Development and Regulation Act, 1992: An act concerning the development and regulation of foreign trade. Central Government: The governing body responsible for amending the policy condition of HS Code 29335200. ITC HS 2022, Schedule I Import Policy: A classification system used for import policies. HS Code 29335200: A specific code under Chapter 29 of ITC HS 2022, Schedule I Import Policy related to compounds containing a pyrimidine ring. Narcotics Commissioner, Gwalior: The authority from which a No Objection Certificate (NOC) was previously required for import of Malonylurea, Barbituric Acid and its salts. Malonylurea: A chemical compound whose import policy is being amended. Barbituric Acid: A chemical compound whose import policy is being amended. Ministry of Commerce and Industry: The government ministry under whose approval the notification is issued. Santosh Kumar Sarangi: Directorate General of Foreign Trade (DGFT) and Ex officio Addl. Secy. New Delhi: The location where the notification was issued. Union Territory of Delhi
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01082022-237790 xxxGIDHxxx CG-DL-E-01082022-237790 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.ं 3413] नई दिल्ली, सोमवार, अगस्ट्त 1, 2022/श्रावण 10, 1944 No. 3413] NEW DELHI, MONDAY, AUGUST 1, 2022/SHRAVANA 10, 1944 ¼fons'k O;kikj egkfuns'kky;½ ubZ fnYyh] fnukad 1 vxLr] 2022 .—le;≤ ij ;Fkk la'kksf/kr fon's k O;kikj uhfr ¼,QVhih½ 2015&2020 ds iSjk 1- 02 vkSj 2-01 ds lkFk ifBr fons'k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e 1992 dh /kkjk 3 vkSj /kkjk 5 ds rgr iznÙk 'kfDr;kas dk Ikz;ksx djr s gq,] dsUnz ljdkj ,rn~}kjk vkbZVhlh ¼,p,l½] 2022] vuqlwph & I ¼vk;kr uhfr½ ds v/;k; 29 ds rgr ,p,l dksM 29335200 dh uhfrxr “krZ dks rRdky izHkko ls fuEukuqlkj la”kksf/kr djrh gS% lajpuk esa ikbjhfeMhu fjax eqDr v/;k; 29 dh uhfrxr “krZ gVk fn;k x;k gSA ¼gkbMªkstuhd`r gks ;k ugha½ la[;k 3 ds v/khu vFkkZr ^^en 5182 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 29335200 ;k ikbijthu fjax ;qDr ds vk;kr ls igys ukjdkfsVDl ;kSfxd%& eSykus hY;wfj;k dfe”uj] Xokfy;j ls vukifRr ¼ckfcZV~;wfjd vEy½ vkSj izek.k i= ¼,uvkslh½ vko”;d mlds yo.k gS** 2- eSykus hY;wfj;k ¼ckfcZV~;wfjd vEy½ vkSj mlds yo.kkas dk vk;kr ukjdksfVDl dfe”uj] Xokfy;j ls vukifÙk izek.k i= ds fcuk vuqer gksxkA bls okf.kT; ,o a m|ksx ea=h ds vuqeksnu ls tkjh fd;k tkrk gSA [Qk-la- 01@89@180@fofo/k&3@,,e&04@ihlh&2¼d½@bZ&1877] lark’sk dqekj lkjaxh] egkfuns'kd fons'k O;kikj vkSj insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 1st August, 2022 No. 23 /2015-2020 Subject: Amendment in import policy condition of HS Code 29335200 under Chapter 29 of ITC (HS) 2022, Schedule – I (Import Policy) S.O. 3578(E).—In exercise of powers conferred by Section 3 and Section 5 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2015-2020, as amended from time to time, the Central Government hereby amends the policy condition of HS Code 29335200 under Chapter 29 of ITC (HS) 2022, Schedule – I (Import Policy), with immediate effect, as under: HS code Item description Import Existing Policy Condition Revised Policy Policy Condition 29335200 Compounds containing a Free Subject to Policy Condition No. 3 of Deleted pyrimidine ring (whether or not Chapter 29 i.e. ―No Objection hydrogenated) or piperazine ring Certificate (NOC) is required from in the structure : -- Malonylurea Narcotics Commissioner, Gwalior, (Barbituric Acid) and its salts before import of the item‖ 2. Effect of this Notification: Import of Malonylurea (Barbituric Acid) and its salts shall be allowed without NOC from Narcotics Commissioner, Gwalior. This issues with the approval of Minister of Commerce & Industry. [ F. No 01/89/180/Misc-3/AM-04/PC-2[A]/E-1877] SANTOSH KUMAR SARANGI, DGFT & 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.

Continue your research