Home India Ministry of Commerce and Industry Amendment in Import Policy covered under CTH 890690 of Chapt...
Date: 2025-01-29 Category: Not Applicable State: Union Government Country: India

Amendment in Import Policy covered under CTH 890690 of Chapter 89 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

**Policy Summary: Amendment to Import Policy for Specific Vessels (ITC HS 890690)** **Date:** January 29, 2025 **Issuing Authority:** Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. **Subject:** Amendment to the Import Policy for goods classified under CTH 890690 of Chapter 89 of the ITC (HS) 2022, Schedule I – Import Policy. **Legal Basis:** The amendment is enacted under the powers conferred by Section 3 and Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, and paragraphs 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended. **Amendment Details:** The import policy for the following ITC HS codes is revised: * **89069010:** Patrol or surveillance boats, air cushion vehicles, remote-operated vehicles. The import policy changes from "Restricted" to "Free." * **89069090:** Other vessels falling under CTH 890690. The import policy changes from "Restricted" to "Free." **Effective Date:** Immediate. **Impact:** The notification revises the import policy of ITC HS codes 89069010 and 89069090 from "Restricted" to "Free," facilitating easier import of these goods. **Approval:** Issued with the approval of the Minister of Commerce and Industry. **Contact:** Santosh Kumar Sarangi, Director General of Foreign Trade & Ex-officio Additional Secretary to the Government of India. Email: dgft@nic.in **File Number:** 01/89/180/27/AM21/PC2A/Part-IE/31913

Key Entities Referenced

Foreign Trade Development Regulation Act, 1992: An act providing the central government power to make provisions for the development and regulation of foreign trade. Foreign Trade Policy 2023: A policy governing import and export regulations and procedures. Central Government: The executive authority of India, responsible for implementing and amending import policies. ITC HS 2022, Schedule I Import Policy: Indian Trade Clarification based on Harmonized System of Coding. It is a nomenclature for classifying goods for import and export. Ministry of Commerce and Industry: A ministry of the Government of India responsible for formulating and implementing policies related to commerce and industry. Directorate General of Foreign Trade: An agency of the Ministry of Commerce and Industry, responsible for implementing foreign trade policies. Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India. New Delhi: The location of Vanijya Bhawan, the office of the Directorate General of Foreign Trade.
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To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub-Section (ii) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 55 /2024-25 Dated: 29" January, 2025 Subject: Amendment in Import Policy covered under CTH 890690 of Chapter 89 of ITC (HS) 2022, Schedule —-I (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 Import Policy of items covered under 890690 of Chapter 89 of ITC (HS), 2022, Schedule — I (Import Policy), as under: ITC(HS) Code Description Existing Import | Revised Import Policy Policy 89069010 |-- Patrol or surveillance boat, air- Restricted Free cushion vehicle, remote operated lvehicle 89069090 _‘|--- Other Restricted Free Effect of the Notification: Import Policy of ITC (HS) codes 89069010 and 89069090 is revised from “Restricted” to “Free” with immediate effect. 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. 01/89/180/27/AM-21/PC-2[A]/Part-I/E-31913)

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