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Home» Circulars» Inputs For Creation Of New Hs Codes

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Inputs for Creation of New HS Codes
 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle, 4th Floor, 7, Cooperage Road, Mumbai - 400 001. India

Tel : +91 22 22021288 Website : www.//chemexcil.in

 


 

EPC/LIC/HS CODE                                                    13/05/2019

 

ALL THE MEMBERS OF THE COUNCIL

 

 

Inputs for Creation of New HS Codes

 

 

Dear Members,

 

As you might be aware,  exporters/ importers often face issues on account of non-availability of specified codes in Customs Tariff resulting into accounting of large portion of Exim Trade under ‘others” category.

 

To resolve the issue, the CBIC has constituted a dedicated Working Group to look into the issues relating to Customs Tariff Act and its schedules.  The mandate of the group includes broadening / expansion of Customs Tariff by creation of new 8-digit Customs tariff heading / lines for specific commodities or class of commodities, wherever feasible.

 

In this regard, Department of Chemicals & Petrochemicals (DCPC) has also sought suggestions from the council regarding new HS codes for items which are imported in huge volumes under “Others” category.

For creation of a tariff line, the following criteria has been proposed :

  • The commodity for which codes have to be created, should have trade volume more than Rs.100 crores in the preceding financial year in terms of value; or

 

  • Sensitive commodities, trade of which is required to be monitored, regardless of said threshold value of Rs.100 crores.

 

In view of the above, you are requested to recommend products for which tariff lines (HS Code) are to be created with justification for  detailed examination  of technical/ or any other aspect of the commodity which distinguishes it from existing tariff lines.

 

Member-exporters are requested  to revert with their inputs latest by 16/05/2019 on  our e-mail ids -ed@chemexcil.gov.indeepak.gupta@chemexcil.gov.in & rodelhi@chemexcil.gov.in .

 

Your early responses will be appreciated and enable us collate the responses and submit government for examination.


Thanking you,


Yours Faithfully,

 

(S. G. BHARADI)
EXECUTIVE DIRECTOR

 

 

 

 

 

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