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NOTIFICATION NO. 48/2020, DT. 22/12/2020

Syncing of HS codes in ITC (HS) 2017- Schedule-1 (Import Policy) with the Finance Act, 2020.

 

S.O. 4645(E): In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (as amended from time to time) read with paragraph 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby notifies the following Exim codes which have been inserted/substituted vide the Finance Act, 2020 (No. 12 of 2020) dated 27th March, 2020, in the ITC (HS), 2017 as below:
 

Exim Code Item Description Policy Policy Conditions
84145150 Wall fans Free
85299030 Open cell for television set Free
85414011 Solar cells, not assembled* Free
85414012 Solar cells, assembled in modules or made up into panels Free


* this item description substitutes the existing item description (i.e Photocells: —-Solar cells whether or not assembled in modules or panels) in ITC(HS) 2017.

Effect of this Notification: Chapter 84 and 85 of ITC (HS) 2017- Schedule-1 Import Policy is amended to incorporate changes as made in the Finance Act, 2020 dated 27th March, 2020.

This issues with the approval of Minister of Commerce & Industry.

(File No. 01/89/180/11/AM-17/PC-2(A)/e-1307)
 

(Amit Yadav)

Director General of Foreign Trade &
Ex-officio Addl. Secretary to the Government of India

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