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Home» Circulars» Syncing Of Itc Hs 2022 Schedule 1 Import Policy With Finance Act 2023 No.8 Of 2023 Dated 31.03.2023 And Foreign Trade Policy 2023 Reg.

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Syncing of ITC (HS), 2022- Schedule-1 (Import Policy) with Finance Act 2023 (No.8 of 2023) dated 31.03.2023 and Foreign Trade Policy, 2023 -reg.
 

  

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EPC:LIC:DGFT:NOTIFICATION         29th May, 2023

 

 

To, 

ALL THE MEMBERS OF THE COUNCIL

 

 

 

Syncing of ITC (HS), 2022- Schedule-1 (Import Policy) with Finance Act 2023 (No.8 of 2023) dated 31.03.2023 

 

and Foreign Trade Policy, 2023 -reg.

 

 

 

Dear Members,

 

The O/o Directorate General of Foreign Trade, New Delhi had issued a Notification no 08/2023 dated 29th May-2023.

 

As per the notification as per the Foreign Trade (Development  arid Regulation)  Act,  1992  the Central Government  hereby amends 'ITC  (HS)  2022,  Schedule-I  (Import  Policy),  in sync with the  Finance  Act  2023 (No.8 of 2023) dated 3 I .03.2023 as under.

 

  • Annexure-I :- The List of ITC(HS) codes and related Policy Conditions inserted/deleted/amended/split/merged   under  ITC(HS)  2022,  Schedule-I  (Import  Policy)  in sync with the Finance Act, 2023

 

  • Annexure-II The  amendments  in  the  Section  Notes,  Chapter-wise  Main  Notes,  Supplementary Notes, Chapter heading,  sub-headings  and description  of ITC (HS)  codes  in sync with the Finance Act, 2023

  • Annexure-III The   List   of   ITC(HS)   specific   Policy   conditions   and   Chapter   specific   Policy Conditions under ITC(HS)  2022, Schedule-I  (Import Policy) amended  in sync with Foreign Trade Policy 2023

 

Effect of this notification shall come into force with immediate effect.

 

For full details you may refer to said notification available on below link-

https://content.dgft.gov.in/Website/dgftprod/bb93bb0b-f72d-41a8-a9f4-6ca6b83d9bf7/Notification%2008%20dt%2029-05-2023%20Eng-.pdf

 

Feed-backs,   if any may can be sent to the council on e-mail ids:-  ed@chemexcil.in with copy to pw@chemexcil.in  for  records/ further deliberations, if required.

 

Thanks and Regards

 

Prafulla Walhe
Dy. Director

CHEMEXCIL

 

Encl : Notification 08 dt.29.5.2023

 

 

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