Home India Ministry of Commerce and Industry Amendment of import policy conditions for item under Exim co...
Date: 2022-10-12 Category: Extra Ordinary State: Union Government Country: India

Amendment of import policy conditions for item under Exim 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

## Policy Analysis Report: Amendment to Import Policy for Potatoes from Bhutan **1. Executive Summary:** This report analyzes an amendment to the import policy for potatoes (ITC HS Code 0701 90 00) from Bhutan, as outlined in Notification No. 17/2015-2020 dated July 4, 2022. The amendment extends the period during which potatoes can be imported from Bhutan without an import license from June 30, 2022, to June 30, 2023. This change aims to continue facilitating the free import of potatoes from Bhutan, potentially supporting trade relations and supply chains. **2. Introduction:** The purpose of this report is to provide an informative analysis of the amendment to the import policy conditions for potatoes originating from Bhutan, as detailed in the provided government notification. The analysis focuses solely on the information presented within the document. **3. Policy Overview:** * **Amendment:** This report concerns an *amendment* to the existing import policy as outlined in the Foreign Trade Policy (FTP) 2015-2020. * **Core Objective:** Based on the text, the core objective of the amendment is to extend the existing provision that allows for the duty free import of potatoes from Bhutan. **4. Background and Rationale:** * **Reason for Amendment:** The existing policy allowed free import of potatoes from Bhutan up to June 30, 2022. This amendment extends that deadline to June 30, 2023, indicating a desire to maintain this free import status for at least another year. This extension suggests that either the trade relationship has been successful, there are supply chain concerns that necessitate continued imports, or a decision was made to prolong the existing trade arrangement. **5. Key Provisions / Changes:** * **Specific Part of the Original Policy Being Changed:** The amendment focuses on the policy condition related to ITC HS Code 0701 90 00 (Potatoes, fresh or chilled). * **New Rule/Provision:** The revised policy condition states that the import of potatoes from Bhutan under ITCHS Code 0701 90 00 is permitted freely, without any license, up to June 30, 2023. * **Difference/Effect of Change:** The amendment extends the period of free import (without license) by one year. Previously, the free import was only allowed up to June 30, 2022. Now, importers can continue to import potatoes from Bhutan without needing a license until June 30, 2023. **6. Target Audience and Stakeholders:** Based on the provided text, the directly affected stakeholders are: * **Importers of Potatoes:** Specifically, those importing potatoes from Bhutan. * **Consumers:** Who may benefit from a stable supply of potatoes. * **Bhutanese Potato Exporters:** Who can continue exporting to India without the barrier of import licenses. **7. Implementation Aspects (Inferred):** * **Responsible Agency:** The Directorate General of Foreign Trade (DGFT), operating under the Ministry of Commerce and Industry, is the responsible body. The notification is issued with the approval of the Minister of Commerce and Industry. * **Timelines:** The key timeline is the extension of the free import period to June 30, 2023. After this date, the import policy may revert to its original state (requiring licenses) or be subject to further amendments. * **Changes related to Amendment:** The implementation requires the DGFT to ensure that customs officials are aware of the revised policy and allow the import of potatoes from Bhutan without licenses until June 30, 2023. **8. Expected Outcomes / Impact of Changes:** The intended outcome of this amendment is likely to: * **Maintain stable trade relations with Bhutan:** By continuing the preferential import policy. * **Ensure a stable supply of potatoes:** The extension reduces the risk of supply disruptions that could occur if import licenses were required. * **Reduce the administrative burden on importers:** By eliminating the need to obtain import licenses. **9. Conclusion:** The amendment to the import policy for potatoes from Bhutan extends the period of license-free import until June 30, 2023. This extension demonstrates a continued commitment to facilitating trade between the two countries and ensuring a stable supply of potatoes. The key significance lies in the ease of trade and potentially stable consumer prices.

Key Entities Referenced

Foreign Trade Policy FTP 2015-2020: A policy document related to foreign trade. Foreign Trade (Development and Regulation) Act, 1992: An act of the Indian Parliament concerning foreign trade. Central Government: The Union Government of India. ITC HS, 2022, Schedule I Import Policy: Indian Trade Classification (Harmonized System) related to import policy. Bhutan: A country from which import of potatoes is permitted. 07019000: ITC HS code for potatoes, fresh or chilled. Ministry of Commerce and Industry: A ministry of the Government of India. Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-officio Additional Secretary. Directorate General of Foreign Trade: A department under the Ministry of Commerce and Industry, Government of India. New Delhi: The location of the notification and the Directorate General of Foreign Trade. Government of India Press, Ring Road, Mayapuri, New Delhi-110064: The location where the document was uploaded.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12102022-239591 xxxGIDHxxx CG-DL-E-12102022-239591 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.ं 4652] नई दिल्ली, बुधवार, अक्त बू र 12, 2022/आज‍व न 20, 1944 No. 4652] NEW DELHI, WEDNESDAY, OCTOBER 12, 2022/ASVINA 20, 1944 ubZ fnYyh] 4 tqykbZ] 2022 I .—le;≤ ij ;Fkk la”kkfs/kr fons”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;ks a dk iz;kxs djrs gq,] dsUnz ljdkj ,rn~}kjk vkbZVhlh ¼,p,l½] 2022] vuqlwph&I ¼vk;kr uhfr½ ds v/;k; 07 ds varxZr en dh uhfrxr “krks± eas fuEukuqlkj la”kk/s ku djrh gS& 07019000 vkyw] rkt+k vFkok izfrcfa/kr HkwVku ls vkyw dk HkwVku ls vkyw dk vk;kr iz”khfrr% vU; vk;kr fnukad 30 fnukad 30 twu] 2023 rd twu] 2022 rd fcuk fcuk fdlh ykblsla ds eqDr fdlh ykblsal ds :Ik ls vuqer gSA eqDr :i ls vuqer gS 6926 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] HkVw ku ls fnukda 30 twu] 2023 rd vkbVZ hlh ¼,p,l½ dkMs 07019000 ds varxZr vkyw dk vk;kr fcuk fdlh ykblsla ds vuqer fd;k x;k gSA bls okf.kT; ,o a m|ksx ea=h ds vuqeksnu ls tkjh fd;k tkrk gSA [Qk- la- 01@89@180@02@,,e&17@ihlh&2¼,½@bZ&3200] lark’s k dqekj lkajxh] 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 4th July, 2022 No. 17 /2015-2020 Subject : Amendment of import policy conditions for item under Exim code 07019000 of Chapter 07 of ITC (HS), 2022, Schedule –I (Import Policy). S.O. 4862(E).—In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (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 conditions of item under Chapter 07 of ITC (HS), 2022, Schedule –I (Import Policy) as follows - ITC (HS) Description Import Existing Policy Condition Revised Policy Condition code Policy 0701 90 00 Potatoes, Restricted Import of Potatoes from Bhutan Import of Potatoes from Bhutan fresh or is permitted freely, without any is permitted freely, without any lice chilled -Other license, up to 30th June, 2022 nse, up to 30th June, 2023 Effect of the Notification: Import of Potatoes under ITC(HS) Code 0701 90 00, is allowed from Bhutan without Import License up to 30th June 2023. This issues with the approval of the Minister of Commerce & Industry. [F. No. 01/89/180/02/AM-17/PC-2(A)/E-3200] 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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