NOTIFICATION NO. 32/2022, DT. 14/09/2022
Amendment in Import Policy Condition under Chapter 39 of ITC (HS), 2022, Schedule — I (Import Policy)
S.O. (E): In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (as amended from time to time) read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2015-2020, the Central Government hereby amends the Import Policy and revises the Condition No.2 of Chapter 39 of ITC (HS), 2022, Schedule — I (Import Policy) as under:
|
HS Code |
Item Description |
Existing Import Policy |
Existing Policy Condition |
Revised Import Policy |
Revised Policy Condition |
39076110
39076930 |
– PET flake (chip) |
Prohibited |
The import of PET bottle waste/scrap/ PET flakes made from used PET bottles etc is “Prohibited” as per OM No. 23-4/2009-HSMD dated 30-08-2016 and O.M. NO.23/66/2019-HSM dated 03/10/2019 of Ministry of Environment, Forest and Climate Change. |
Prohibited |
The import of PET bottle waste/scrap made from used PET bottles etc is”Prohibited” as per OM No. 23-4/2009-HSMD dated 30-08-2016 and O.M. No.23/66/2019-HSM dated 03/10/2019 of Ministry of Environment, Forest and Climate Change (MoEF&CC) However, import of PET Flakes has been permitted under an authorisation from DGFT and subject to NOC from MoEF&CC, in accordance with their O.M. No. 23/66/2019-HSMD dated 23.08.2022, subject to following conditions :
i. A unit should be eligible for import only if it has used domestic waste to the extent at least 70% of the capacity in the previous year, (e.g. production of 2021-22 to be considered for 2022-23 permissions).
ii. The imports for the year 2022-23 should be restricted to 20% of the production in the year 2021-22 and thereafter, 15% of the actual capacity utilized in the preceding year.
iii. An additional import up to 10% may be considered against exports of the products.
iv. Units would be eligible for import after at least one year of production. |
2. Effect of the Notification:
Import of PET Flakes has been permitted subject to NOC from MoEF & CC and an authorisation from DGFT.
This issues with the approval of Minister of Commerce and Industry.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex- officio Addl. Secretary to the Gol
E-mail: dgft@nic.in
(Issued from F. No. 01/89/180/M-32/AM-03/PC-2 (A)/E-1554)
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