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Clarification on the Notification No 38 dated 5.2.2016 regarding Minimum Import

Dated 10th February, 2016 | Copy of | -COPY OFTRADE NOTICE NO.17/2016 |

To
1. All IEC holders/applicants
2. All EPCs/All Chambers of Trade and Industries
3. FIEO/ASSOCHAM/CII
4. All RA’s of DGFT
5. All Customs/Port Authorities

Clarification on the Notification No 38 dated
5.2.2016 regarding Minimum Import Price
(MIP) on Iron & Steel under Chapter 72 of
ITC (HS) 2012 – Schedule 1 Import Policy

This Directorate has received various queries for clarification on the Notification No.38 dated 5th February, 2016 regarding MIP on Iron and Steel under Chapter 72 of ITC (HS) 2012. The following queries raised are clarified point-wise as under:-

Question 1: Whether Imports below the USD unit value specified in the Notification are restricted for imports?

Answer: Imports effected on...

The post Clarification on the Notification No 38 dated 5.2.2016 regarding Minimum Import appeared first on The Dollar Business.



This post first appeared on TheDollarBusiness | Foreign Trade Magazine On Expo, please read the originial post: here

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Clarification on the Notification No 38 dated 5.2.2016 regarding Minimum Import

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