IMPORT OF WASTE PAPER.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 February 2011 Dear Sir,

I would like to ask, if a paper importer, can import waste paper, and then stock, and sale it to paper mills.

Is there any duty benefits,if paper mills imports it directly in their own name.

Please also advise, the licenses required to import waste paper ,by a merchant importer.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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10 February 2011 DGFT Policy Circular No 88/2008 DT.06/05/2009 Dated 6th May, 2009

http://www.cybex.in/Notifications/Circular-78-Import-Waste-Paper-Regarding-4643.aspx

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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10 February 2011 Waste paper is classified under ITC (HS) Code No.4707 9000 and import of the item is free. However, as per Hazardous Material (Management, Handling and Transboundary Movement) Rules, 2008 notified by Ministry of Environment & Forests on 24.9.2008, import of the item has been made subject to actual user condition with permission from Ministry of Environment & Forests (MOEF) and a licence from DGFT.

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