Foreign Trade Policy (FTP) is a government’s strategy or set of rules that governs how a country conducts trade with other nations. It encompasses various regulations, guidelines, and agreements to manage imports and exports, promote trade growth, protect domestic industries, and foster international trade relations.
An application for grant of an Authorization for import or export of items mentioned as ‘Restricted’ in ITC (HS) may be made to RA, with a copy to DGFTH qrs in ANF2M along with documents prescribed therein. Original application along with Treasury Receipt (TR) / Demand Draft shall be submitted to RA. concerned and self-attested copy of same shall be submitted to DGFT in duplicate along with proof of submission of application to concerned RA.
Items mentioned as restricted for imports in ITC (HS) required by hotels, restaurants, travel agents and tour operators may be allowed against an Authorization, based on recommendation of Director General, Tourism, and Government of India.
SI No | Exim Code | Item description |
1 | 720410 00 | Waste and scrap of cast iron |
2 | 72042190 | Other |
3 | 72042920 | Of High-speed steel |
4 | 72042990 | Other |
5 | 72043000 | Waste and scrap of tinned iron or Steel |
6 | 72044100 | Turnings, shavings, chips, milling waste, sawdust, fillings, trimmings, and stampings, whether or not in bundles |
7 | 72044900 | Other |
8 | 72045000 | Re-melting scrap ingots |
9 | 74040012 | Copper scrap |
10 | 74040022 | Brass scrap |
11 | 75030010 | Nickel scrap |
12 | 76020010 | Aluminium scrap |
13 | 79020010 | Zinc scrap |
14 | 80020010 | Tin scrap |
15 | 81042010 | Magnesium scrap |
1. Importable metallic waste and scraps conditions:
(i)Free import Import of metallic waste and shredded scraps is permitted across all Indian ports.
(ii)Pre-shipment inspection Importers must provide a pre-shipment inspection certificate from approved agencies confirming no excess radiation levels and absence of radioactive materials.
(iii)Contract requirement a contract between importer and exporter should ensure no radioactive contamination in the consignment.
2. Specific import conditions for certain regions:
(i)Shredded form Imports from Hodaideh, Yemen, and Bandar Abbas, Iran, must be in shredded form.
(ii)Un-shredded import conditions Imports of un-shredded metallic waste/scrap are allowed subject to specific conditions:
(iii)Pre-shipment inspection certificate regarding radiation levels and absence of explosive materials.
(iv)Compliance with internationally accepted standards for metallic waste classification.
(v)Contract stipulation against arms, ammunition, explosives, or radioactive contamination.
3. Designated ports for import:
(i)Import of scrap is limited to designated ports including Chennai, Cochin, Ennore, JNPT, Kandla, Mormugao, Mumbai, New Mangalore, Paradip, Tuticorin, Vishakhapatnam, Pipava, Mundra, and Kolkata.
(ii)Only designated ports with installed Radiation Portal Monitors and Container Scanners will handle un-shredded metallic scrap imports.
4. Port certification and deadline:
(i)Ports must install required monitoring equipment and obtain certification from AERB and Customs for handling un-shredded scrap.
(ii)Existing ports have until March 31, 2018, to comply, failing which they will be de-recognized.
5. Handling by Inland Container Depots (ICDs):
(i)ICDs can clear un-shredded metallic scrap if it arrives via designated sea ports with necessary monitoring systems.
6. Pre-inspection and review:
(i)Pre-inspection certificates from the origin country are required initially.
(ii)The need for Pre-Shipment Inspection Certification (PSIC) will be reviewed based on the effectiveness of the new clearance mechanism for un-shredded metal scrap imports.
Simran Exim is a professionally managed firm incorporated with the objective of providing premium Import & Export Consultancy Services. We being one of the Premier Indian Export Import Consultancy Companies in Foreign Trade have thorough knowledge and expertise of foreign trade regulations in India, Import-Export Policy and Procedures, Customs Law and Allied regulations.
Simran Exim is a professionally managed firm incorporated with the objective of providing premium Import & Export Consultancy Services. We being one of the Premier Indian Export Import Consultancy Companies in Foreign Trade have thorough knowledge and expertise of foreign trade regulations in India, Import-Export Policy and Procedures, Customs Law and Allied regulations.
Simran Exim is a professionally managed firm incorporated with the objective of providing premium Import & Export Consultancy Services. We being one of the Premier Indian Export Import Consultancy Companies in Foreign Trade have thorough knowledge and expertise of foreign trade regulations in India, Import-Export Policy and Procedures, Customs Law and Allied regulations.
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