**Policy Summary: Amendment to Steel Import Monitoring System (SIMS) Registration Time Period**
**Date:** July 7, 2022
**Issuing Authority:** Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India.
**Subject:** Amendment to the registration time period for the Steel Import Monitoring System (SIMS).
**Gazette Notification:** S.O. E.
**Key Change:** This notification amends the policy condition regarding the registration timeframe under the Steel Import Monitoring System (SIMS). Specifically, it abolishes the requirement for advance registration a minimum of 15 days before the expected date of arrival of the import consignment.
**Amended Policy Condition:** Importers are required to submit advance information in an online system to import steel items and obtain an automatic Registration Number upon payment of a registration fee. The fee remains at Rs. 1 per thousand, subject to a minimum of Rs. 500 and a maximum of Rs. 1 lakh on CIF value. Importers can apply for registration no earlier than the 60th day before the expected arrival date. The Registration Number remains valid for 75 days.
**Affected Chapters:** This amendment impacts Policy Condition No. 04c of Chapter 72, Policy Condition No. 03c of Chapter 73, and Policy Condition No. 03c of Chapter 86 of Schedule I (Import Policy) of ITC (HS), 2022.
**Legal Basis:** The amendment is issued in exercise of powers conferred by Section 3 and 9 of the Foreign Trade (Development and Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended.
**DGFT Contact:** Santosh Kumar Sarangi, Director General of Foreign Trade & Ex-Officio Additional Secretary to the Government of India.
**File Number:** 01/89/180/MONI-5/852/AM03/PC2A/E-1663
Key Entities Referenced
Steel Import Monitoring System: A system requiring importers to submit advance information for importing steel items and obtain a registration number.
FTDR Act, 1992: Foreign Trade (Development and Regulation) Act, 1992, which confers powers to the government related to foreign trade.
Foreign Trade Policy, 2015-2020: The prevailing Foreign Trade Policy during the period mentioned, which provides guidelines and regulations for foreign trade.
ITC HS, 2022: Indian Trade Classification (Harmonized System) which is based on Harmonized System of Nomenclature and used for import policy.
Directorate General of Foreign Trade: The agency of the Ministry of Commerce and Industry responsible for implementing foreign trade policy.
Ministry of Commerce and Industry: The Indian government ministry responsible for the development and regulation of foreign trade.
New Delhi: The location where the notification was issued, New Delhi, Delhi, India.
Santosh Kumar Sarangi: Director General of Foreign Trade and Ex Officio Addl. Secretary to the Government of India.
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
Notification No. 19 /2015-2020
New Delhi, Dated: 7" July, 2022
Subject: Amendment in registration time period of Steel Import Monitoring System
(SIMS).
S.O. (E): In exercise of powers conferred by Section 3 & 9 of FT (D&R) Act, 1992, read with
paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time,
the Central Government hereby amends the Policy condition No.04(c) of Chapter- 72, Policy
Condition No. 03 (c) of Chapter-73 and Policy Condition No.03 (c) of Chapter-86 of Schedule-I
(Import Policy) of ITC (HS), 2022:
Existing Policy Condition Revised Policy Condition
(The Steel Importing Monitoring System‘The Steel Importing Monitoring System (SIMS)
(SIMS) shall require importers to submit}shall require importers to submit advance}
advance information in an online system forinformation in an online system for import of
import of items and obtain an automaticitems and obtain an automatic Registration|
Registration Number by paying registration feeNumber by paying registration fee of Rs. | per
lof Rs. 1 per thousand subject to minimum ofthousand subject to minimum of Rs. 500/ and]
IRs. 500/ and maximum of Rs. 1 lakh on CIFmaximum of Rs. 1 lakh on CIF value. The
value. The importer can apply for registrationimporter can apply for registration not
not earlier than 60th day and not later than 15thearlier than 60th day before the expected date|
day before the expected date of arrival oflof arrival of import consignment. The
import consignment. The automatic}automatic Registration Number thus granted|
Registration Number thus granted shall remain|shall remain valid for a period of 75 days.
valid for a period of 75 days.
2. Effect of the Notification: The requirement of advance registration of minimum 15 days
from the expected date of arrival of import consignment under SIMS has been abolished.
This issues with the approval of Minister of Commerce & Industry. Xs xa : arr
| at
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex- 0fficio Addl. Secretary to the Government of India
(File No.01/89/180/MONI-5852/AM-03/PC-2(A)/E-1663)