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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