Patna HC: Possessing Cough Syrup With under 2.5% Codeine Without Authorisation Attracts the NDPS Act  ||  Madras HC: Person Who Converts to Islam Cannot Claim Backward Class Muslim Status  ||  Madras High Court Lays Down Guidelines For Surrogacy Custody and Parentage Applications  ||  Bombay High Court: Residence Proof is Mandatory For RTE Neighbourhood School Admissions  ||  Madras HC Strikes Down TN Law Mandating Registrar’s Title Verification Before Property Registration  ||  Bombay HC Allows Galli News to Report Medical Negligence But Bars Defamatory Hospital Imputations  ||  Supreme Court: Parents’ Loss Cannot Be Measured With Arithmetical Precision  ||  Supreme Court: Registered Sale Deed Remains Valid Despite Minor Attestation Discrepancies  ||  Calcutta High Court: Section 107 BNSS Property Attachment Cannot be Used as a Recovery Tool  ||  Ker HC: Elected Representatives Must Swear by God or Affirm, Cannot Invoke Specific Deities in Oath    

Query regarding import policy of Iron & Steel- (Ministry of Commerce and Industry) (08 Jan 2020)

MANU/DGFT/0007/2020

Customs

DGFT vide Notification No. 17/2015-2020 dated 05.09.2019 amended the import policy of Iron & Steel by revising it from 'Free' to 'Free' subject to compulsory registration under Steel Import Monitoring System (SIMS) for the items covered in chapter 72, 73 and 86 of ITC (HS), 2017, Schedule-I (Import policy). The Directorate has received a query that whether the SIMS Registration is required both at the point of import into SEZ/FTWZ and at the time of Customs Clearance for import from SEZ to DTA.

The matter has been examined in consultation with Ministry of Steel and it is clarified that in case an item of steel gets registered under SIMS at the time of entry into SEZ/FTWZ, there is no need to seek SIMS Registration again at the time of supply of such item into DTA. In other words, if the goods imported under SIMS to SEZ/FTWZ are supplied to DTA unit without any processing, the DTA unit need not seek any registration under SIMS. However, if manufacturing process in SEZ results in change of HS Code at 8-digit level, the importer in DTA shall be required to register under SIMS.

Tags : QUERY   IMPORT POLICY   AMENDMENT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved