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Harmonisation of Chapters 40 to 98 of Schedule-II (Export Policy) to ITC(HS) codes- (Ministry of Commerce and Industry) (02 Aug 2024)

MANU/DGFT/0110/2024

Customs

1. DGFT is in the process of harmonising the extant Schedule-II (Export Policy) to the 8-digit ITC(HS) codes, in lieu of the description-based Export Policy, as ITC(HS) Code mapped Export Policy has become a pre-requisite to streamline the process of Export Control and Facilitation, and also provide greater clarity and easy reference to Export Policy for all stakeholders.

2. Earlier, this Directorate vide Notification No. 60/2023 dated 13.02.2024 had notified the ITC(HS)-based Schedule-II (Export Policy) for Chapters 01 to 39. In continuation to the said Notification, the draft Schedule-II (Export Policy) of ITC(HS) 2022 aligning the 8-digit ITC(HS) codes for the remaining Chapters 40 to 98 has also been attempted.

3. It may be noted that this is a concordance of the existing description-based Export Policy to ITC(HS) Codes and there are no substantive Export Policy amendments being proposed herewith. Any comments in this regard may be provided latest by 11.08.2024 vide email to export-dgft@nic.in Subsequent to the said period and subject to comments (if any), Chapters 40 to 98 of Schedule-II (Export Policy) shall accordingly be re-notified.

4. This is issued with the approval of the Competent Authority.

Tags : HARMONISATION   EXPORT POLICY   ITC(HS) CODES  

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