Home India Ministry of Commerce and Industry Procedure for implementation of DGFT Notification no. 23/202...
Date: 2024-09-24 Category: Not Applicable State: Union Government Country: India

Procedure for implementation of DGFT Notification no. 23/2023 dated 03.08.2023; 26/2023 dated 04.08.2023; 38/2023 dated 19.10.2023; and Policy circular no. 06/2023-24 dated 19.10.2023 beyond 30.09.2024 -reg.

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

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Executive Summary & Key Takeaways

**Policy Summary: Extension of Import Authorizations for Specified IT Hardware** This policy circular, issued by the Directorate General of Foreign Trade (DGFT) on September 24, 2024, addresses the procedure for implementing DGFT Notifications No. 23/2023 (dated August 3, 2023), 26/2023 (dated August 4, 2023), and 38/2023 (dated October 19, 2023), as well as Policy Circular No. 06/2023-24 (dated October 19, 2023), regarding restrictions on the import of specified IT hardware. The circular clarifies that importers can apply for import authorizations valid until December 31, 2024. Existing import authorizations issued until September 30, 2024, are also extended and will remain valid until December 31, 2024. All other provisions outlined in Policy Circular No. 06/2023-24 remain in effect. Importers will be required to apply for new authorizations for periods beginning January 1, 2025. Detailed guidance regarding this process will be issued separately. For further information, contact Satya Raja Sekhar G, Deputy Director General of Foreign Trade, at satya.grandhi@gov.in. The circular is issued under F.No.018/91/8039/AM13/PC2/AE2261.

Key Entities Referenced

Directorate General of Foreign Trade: An organization under the Ministry of Commerce and Industry, Government of India, responsible for implementing foreign trade policy. New Delhi: The location of Vanijya Bhawan, where the Directorate General of Foreign Trade is located. DGFT Notification No. 23/2023 dated 03rd August 2023: A notification issued by the Directorate General of Foreign Trade regarding import restrictions on certain IT hardware. DGFT Notification No. 26/2023 dated 4th August 2023: A notification issued by the Directorate General of Foreign Trade regarding import restrictions on certain IT hardware. DGFT Notification No. 38/2023 dated 19th October 2023: A notification issued by the Directorate General of Foreign Trade regarding import restrictions on certain IT hardware. Policy Circular No. 06/2023-24 dated 19.10.2023: A policy circular issued by the Directorate General of Foreign Trade providing clarifications on the Import Management System. Import Authorisations: Permissions granted to importers allowing them to import goods, specifically IT Hardware in this context, valid until a specified date. Customs Commissionerate: Government organizations responsible for the administration of customs laws and the collection of import duties and taxes at ports and borders.
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Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 24th September, 2024 Policy Circular No. 07 /2024-25 To, 1. All Customs Commissionerate (s) 2. Members of Trade & Industry Subject: Procedure for implementation of DGFT Notification no. 23/2023 dated 03.08.2023; 26/2023 dated 04.08.2023; 38/2023 dated 19.10.2023; and Policy circular no. 06/2023-24 dated 19.10.2023 beyond 30.09.2024 -reg. Attention is drawn to DGFT Notification No. 23/2023 dated 03rd August 2023 read with Notification No. 26/2023 dated 4th August 2023 and Notification No. 38/2023 dated 19th October 2023, whereby Import of certain specified IT Hardware was ‘Restricted’. Further, reference is invited to clarifications issued vide Policy Circular No. 06/203-24 dated 19.10.2023 on the said subject regarding establishing Import Management system. 2. In partial modification of Policy Circular No. 06/2023-24 dated 19.10.2023, it is clarified that the importers are allowed to apply for Import Authorisations which will be valid up to 31.12.2024. Further, the existing Import Authorisations issued till 30.09.2024 will continue to be valid up to 31.12.2024. 3. All other provisions of the Policy Circular No. 6/2023-24 dated 19.10.2023 remain applicable. 4. Importers would be required to apply for fresh authorisations for the period from 01.01.2025 subject to detailed guidance to be provided shortly. This is issued with the approval of Competent Authority. (Satya Raja Sekhar G) Deputy Director General of Foreign Trade E-mail: satya.grandhi@gov.in (Issued from F.No.01/89/180/39/AM-13/PC-2[A]/E-2261)

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