**Summary:**
This notification, dated January 3, 2025, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India, announces the updated Schedule II Export Policy of ITCHS (Indian Trade Clarification based on Harmonized System) 2022. This update is in accordance with the Finance Act 2024, dated August 16, 2024, and is issued 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. The updated Schedule II Export Policy of ITCHS 2022, including specific policy conditions for all ITCHS codes, and the updated General Notes to Export Policy are available on the DGFT website: https://dgft.gov.in. This notification takes effect immediately. For further information, contact the Director General of Foreign Trade at dgft@nic.in, referencing File No. 01/91/191/121/AM23/EC/E-35174.
Key Entities Referenced
Directorate General of Foreign Trade: An organization under the Ministry of Commerce and Industry responsible for implementing foreign trade policy.
Foreign Trade Development Regulation Act 1992: The Act that confers powers to the Central Government regarding Foreign Trade.
Foreign Trade Policy 2023: A policy document outlining guidelines and objectives for India's foreign trade.
Finance Act 2024: An act related to financial regulations, specifically dated 16.08.2024, which is relevant to the ITCHS 2022 export policy.
ScheduleII Export Policy of ITCHS 2022: A specific export policy document related to ITCHS codes, which is the main subject of the notification.
ITCHS Codes: Codes related to the Indian Trade Clarification based on Harmonized System of Coding which is related to export policy.
Santosh Kumar Sarangi: Director General of Foreign Trade and Ex Officio Additional Secretary, Government of India.
Vanijya Bhawan, New Delhi: The location of the Directorate General of Foreign Trade office in New Delhi, Delhi.
[To be published in 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.S0 /2024-25
New Delhi, Dated: /3 January 2025
Subject: Notification of Schedule-II (Export Policy) of ITC(HS) 2022, in sync with Finance
Act 2024 dated 16.08.2024 -reg.
S.0 (E): In exercise of the powers conferred by Section 3 read with Section 5 of the
Foreign Trade (Development & Regulation) Act 1992, read with Para 1.02 and 2.01 of the
Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby
notifies Schedule-Il (Export Policy) of ITC(HS) 2022 in sync with the Finance Act 2024 as
follows:
2. The updated ‘Schedule-Il (Export Policy) of ITC(HS) 2022’ contains the current export
policy of all ITC(HS) Codes along with specific policy conditions (if any) to be fulfilled, shall be
available on the DGFT website (https:// dgft.gov.in)
3. The ‘General Notes to Export Policy’ has also been updated in sync with the Schedule-Il
(Export Policy) and shall be available on the DGFT website (https:// dgft.gov.in).
4. This shall come into force with immediate effect.
Effect of the Notification: Schedule-Il (Export Policy) of ITC(HS), 2022, in sync with Finance
Act 2024 dated 16.08.2024 has been notified. Updated General Notes to Export Policy are
also notified.
wane?
(Santosh Kumar Sarangi)
Director General of Foreign Trade
& Ex- Officio Additional Secretary, Government of India
Email: dgft@nic.in
(Issued from File No. 01/91/191/121/AM23/EC/E-35174)