Home India Ministry of Commerce and Industry Clarification regarding Notification No. 17/2024-25 dated ...
Date: 2024-06-19 Category: Not Applicable State: Union Government Country: India

Clarification regarding Notification No. 17/2024-25 dated 11.06.2024

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

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Executive Summary & Key Takeaways

**Policy Summary:** This Policy Circular No. 06/2024-25, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, on June 19, 2024, clarifies the applicability of Notification No. 17/2024-25 dated June 11, 2024, regarding import restrictions on specific items under ITC HS Codes 71131912, 71131913, 71131914, 71131915, and 71131960. The circular addresses concerns raised by Special Economic Zone (SEZ) units. It clarifies that, in accordance with Rule 271 of the Special Economic Zone Rules, 2006 (as amended), imports made by SEZ units (excluding FTWZ units) under the specified ITC HS codes are exempt from the import restrictions outlined in Notification No. 17/2024-25. For further information, contact Jai Pal, Joint Director General of Foreign Trade, at jai.pal84@nic.in. The circular is issued from F.No. 01/89/180/36/AM11/PC2[AE1679]. The circular is addressed to all Customs Authorities, all RAs of DGFT and All Members of the Trade Industry.

Key Entities Referenced

Directorate General of Foreign Trade: A department under the Ministry of Commerce and Industry, responsible for implementing foreign trade policy. New Delhi: Location of Vanijya Bhawan, where the policy circular was issued. ITC HS Codes 71131912, 71131913, 71131914, 71131915 and 71131960: Specific Import Tariff Code Harmonized System codes for restricted items. Notification no.17202425: Official notification restricting import of specific items under ITC HS Codes. Special Economic Zone rules, 2006: The regulatory framework governing the operation of Special Economic Zones in India. SEZ Units: Special Economic Zone Units that raised concerns about import restrictions. FTWZ units: Free Trade and Warehousing Zone units, a specific type of SEZ unit. Ministry of Commerce Industry Department of Commerce: The government ministry responsible for trade and commerce policies.
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Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 19" June, 2024 Policy Circular No. 06/2024-25 To, 1. All Customs Authorities 2. All RAs of DGFT 2. All Members of the Trade & Industry Subsequent to the issuance of the Notification no.17/2024-25 dated 11.06.2024 restricting import of specific items under ITC (HS) Codes 71131912, 71131913, 71131914,. 71131915 and 71131960, Representations have been received from SEZ Units highlighting the issues faced by these units. 2. In this regard, attention is drawn to rule 27(1) of the Special Economic Zone rules, 2006 as amended. Accordingly, it is clarified that import made by SEZ units (Other than FTWZ units) under the ITC (HS) Codes 71131912, 71131913, 71131914, 71131915 and 71131960 are outside the purview of this notification. This is issued with the approval of DGFT. ra - Me Pal) Joint Director General of Foreign Trade E-mail: jai.pal84@nic.in (Issued from F.No.01/89/180/36/AM-1 1/PC-2[A]/E-1679)

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