DGFT amends the import policy of Split System under Foreign Trade Policy 2015-2020

Oct 16, 2020 | by Avantis RegTech Legal Research Team


Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on October 15, 2020 has issued a Notification on amendment in import policy of items under ITC HS Codes 84151010 and 84151090 of Chapter 84 of ITC (HS), 2017, Schedule – I (Import Policy) wherein:

• ITC HS Code- 84151010 which describes ‘Split System’ stands prohibited in the revised policy with a condition that only import of Air Conditioners with refrigerants is ‘Prohibited’.

• ITC HS Code- 84151090 which describes ‘other’ items stands prohibited in the revised policy with a condition that only import of Air Conditioners with refrigerants is ‘Prohibited’.

Import Policy of Air Conditioners with refrigerants under HS Codes 84151010 and 84151090 is amended from 'Free' to 'Prohibited'.

[Notification No. 41/2015-2020]

 

 


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