Ministry of Finance TheDollarBusiness

Import policy of Rough Marble and Travertine Blocks No-27

Dated 17th September, 2016 | Copy of | Notification No.27(RE-2015)/2015-2020 |

In exercise of the powers conferred by Section 3 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the Import Policy Condition of Schedule-1 (Import Policy) in respect of ITC(HS) Codes 25151100, 25151210 and 25151290 w.e.f. 1.10.2016.

2. With regard to ITC(HS) Codes 25151100, 25151210 and 25151290 indicated in Schedule-1 (Imports) of ITC(HS) Classifications of Export and Import Items, as per the provisions contained therein, import of Marble and Travertine—Crude or Roughly trimmed and merely cut, by sawing or otherwise, into blocks of a rectangular (including square) shape is restricted and subject to import licensing procedures as per Notification No. 99 dated 20.11.2014.

3. The above policy is hereby amended, such that after amendment w.e.f. 1.10.2016, the amended policy conditions against the above mentioned ITC (HS) Codes shall read as under:

“Import permitted freely provided cif value is US$ 200 or above per MT.”

4. The effect of this Notification:-

The import of items under the ITC (HS) Codes specified above is permitted freely w.e.f. 1.10.2016 provided cif value is US$ 200 or above per MT.

Sd/-
(Anup Wadhawan)
Director General of Foreign Trade

F.No.01/53/Misc/AM16/Marble-8/IC
Issued by:
Ministry of Commerce & Industry
Department of Commerce
New Delhi

 

The Dollar Business Bureau - Sep 19, 2016 12:00 IST