Del. HC: Accrual of Cause of Action at a Place is not a Consideration for Determining Jurisdiction  ||  Mad. HC to State: Prevent use of Stickers such as ‘Police’ or ‘GOI’ on Private Vehicles  ||  Bom. HC: Magistrate Needn’t Provide Additional Reasons for Amount of Interim Compensation Awarded  ||  Del. HC: ‘THEOBROMA’ is Free to Expand its Outlets Across the Country  ||  Ker. HC: Detention Order Under KAPPA 2007 must be Confirmed Within 3 Months from Date of Execution  ||  Kar. HC: Not Every False Statement Made in Court Must be Subject to Prosecution  ||  Ker. HC: Roads are Ordinarily Deserted During Night; Likelihood of Causing Death by Accident is Less  ||  Del. HC: Severity of Offence Can’t Disentitle Foreigner to Get Parole for Filing SLP  ||  Cal. HC: Can’t Compound Proceedings u/s 138 NI Act at Revision Stage Without Complainant’s Consent  ||  Bom. HC: There Should be Some Accountability Fixed on Courts in Cases of Prolonged Incarceration    

DGFT issues clarification on Chip Import Monitoring System (CHIMS)- (Ministry of Commerce and Industry) (27 Jun 2022)

MANU/DGFT/0102/2022

Commercial

1. Subsequent to the issuance of Notification No. 05/2015-2020 dated 10.05.2021 amending the import policy of items covered under ITC(HS) codes 85423100, 85423200, 85423300, 85423900 and 85429000 falling in Chapter-85 of ITC (HS) from 'Free' to 'Free subject to compulsory registration under Chip Import Monitoring System (CHIMS)', DGFT has received various representations from members of Trade & Industry seeking clarification on CHIMS.

2. The issues were referred to M/o Electronics & Information Technology and based upon the clarification received, responses thereto are given below:

A. Whether multiple consignments against a CHIMS registration can be imported within the validity period of CHIMS Registration?

Response: Importer may include multiple products in one registration number. However, for each shipment a separate registration number is required.

B. Whether air/sea shipments are exempted from CHIMS?

Response: The CHIMS is applicable for air/sea shipments also. The CHIMS registration can also be made on the same day of arrival of import.

C. Whether CHIMS is applicable on microprocessors covered under ITC (HS) code 84733010 and memory modules covered under ITC (HS) code 84733099?

Response: The microprocessors covered under ITC (HS) code 84733010 and memory modules under ITC (HS) code 84733099 are excluded from CHIMS.

This issues with the approval of the competent authority.

Tags : CHIMS   CLARIFICATION   ISSUANCE  

Share :        

Disclaimer | Copyright 2023 - All Rights Reserved