India’s DGFT is proposing to suspend 544 Standard Input-Output Norms that have remained unutilized over the last three financial years. SIONs govern the quantity of inputs allowed duty-free for export production under the Advance Authorisation scheme. Stakeholders are invited to submit comments on the proposed suspension.
Topic Archives:Tariffs
Syncing of ITC (HS) 2022 Schedule-1 (Import Policy) with Finance Act 2026
India’s DGFT has issued Notification No. 24 to align the ITC (HS) 2022 Schedule-1 import policy with the Finance Act 2026, effective 30 March 2026. This update synchronizes import classifications and associated policy conditions with changes introduced in the Finance Act. The notification affects the regulatory framework governing import licensing and market access for goods […]
Amendment to Import Policy for Suspension-grade PVC Resin (S-PVC) under ITC(HS) code 39041020
India’s DGFT has amended the import policy for suspension-grade PVC resin classified under ITC(HS) code 39041020, Chapter 39. The change affects the conditions or restrictions governing imports of this product under Schedule-I of the ITC(HS) 2022.
Harmonisation of Schedule-II (Export Policy), ITS (HS) 2022 with Finance Act 2026
India’s DGFT has issued a notification harmonising Schedule-II (Export Policy) of the Indian Trade Classification (Harmonised System) 2022 with the Finance Act 2026. This update aligns export policy classifications with the revised tariff schedule introduced through the Finance Act. The changes affect the legal framework governing India’s export controls and export licensing requirements.
India Amends Import Policy for Clear Float Glass (4mm–12mm) under HS Codes 70051090 and 70052990
India’s DGFT has issued Notification No. 29 amending the import policy and policy conditions for clear float glass in the 4mm–12mm range, classified under ITC (HS) codes 70051090 and 70052990 in Schedule I of ITC (HS) 2022. The amendment modifies the import regime applicable to these glass products. No further details are available from the […]
Amendment to Import Policy for Raw Sugar (HS 170114): Shift from Advance Authorisation to Tariff Rate Quota Scheme
India’s DGFT has amended the import policy for raw sugar under HS code 170114 in Schedule-1 of ITC(HS) 2022. The notification introduces a one-time conversion mechanism allowing importers to shift from the Advance Authorisation Scheme to a Tariff Rate Quota (TRQ) scheme. This change directly affects the conditions and volumes under which raw sugar may […]
Extension of Minimum Import Price (MIP) Condition for Specific Items under Chapter 48 (Paper/Paperboard) of ITC HS Schedule I
India’s DGFT has extended the Minimum Import Price condition for specific items under Chapter 48 (paper and paperboard products) of the ITC HS 2022 Schedule I (Import Policy). This measure constitutes a non-tariff trade restriction affecting import conditions for the covered products. The extension continues an existing import policy instrument.
Continuation of RoDTEP Scheme till December 31st 2026
India’s DGFT has announced the extension of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until December 31, 2026. The scheme provides rebates on embedded duties and taxes to exporters, functioning as a key export incentive. This continuation signals ongoing government support for export competitiveness across eligible sectors.
Extension of Minimum Import Price (MIP) Condition on Sulfadiazine API (Chapter 29, ITC HS 2022)
India’s DGFT has extended the Minimum Import Price condition on Sulfadiazine active pharmaceutical ingredient classified under Chapter 29 of ITC HS 2022 Schedule I. The MIP is a non-tariff import restriction affecting the import policy for this pharmaceutical chemical. No additional details are available from the snippet.
Extension of Minimum Import Price (MIP) Condition for Specific Items under ITC HS Chapter 29
India’s DGFT has extended the Minimum Import Price condition for specific chemical items classified under Chapter 29 of ITC HS 2022, Schedule I (Import Policy). This measure functions as a non-tariff import control affecting market access for the covered chemicals. No further details are available from the snippet.