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Date: 2017-01-17 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by Section 5 of the Foreign Trade Development Regulation Act, 1992

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

This notification, No. 36/2015-2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Department of Commerce, on January 17, 2017, notifies the Indian Trade Classification (Harmonised System) of Import Items, 2017 (ITC HS, 2017). This action is taken in exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 2.01 of the Foreign Trade Policy, 2015-2020. ITC HS, 2017 contains Schedule 1 Import Policy, indicating the current import policy and any policy conditions for each item. The ITC HS, 2017 is available on the DGFT's website: www.dgft.gov.in and comes into effect immediately. The notification number is F. No. 01/89/180/11/AM-17/PC-2(A). A. K. Bhalla, Director General of Foreign Trade, is the issuing authority.

Key Entities Referenced

Foreign Trade Development Regulation Act, 1992: An act of the Indian Parliament concerning the development and regulation of foreign trade. Foreign Trade Policy, 20152020: The Foreign Trade Policy for the years 2015-2020. Central Government: The executive authority of the Union of India. Indian Trade Classification Harmonised System of Import Items, 2017 (ITC HS, 2017): A classification system for import items in India. Schedule 1 Import Policy: Schedule containing the import policy Directorate General of Foreign Trade (DGFT): An attached office of the Ministry of Commerce and Industry responsible for implementing the Foreign Trade Policy. A. K. BHALLA: Director General of Foreign Trade. New Delhi, Delhi: The location where the notification was issued.
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