CBIC Issues Instruction to Align Import Policy with Finance Act, 2025



Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has issued new instructions to align India's import policy with the Finance Act 2025 and a related DGFT notification. This involves updating the ITC (HS) 2022 Schedule I (Import Policy) to reflect statutory changes, including modifications to ITC (HS) codes, policy conditions, and product descriptions. The aim is to ensure uniformity in trade and customs documentation and streamline the import process.

The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 32/2025-Customs, directing field formations to align customs procedures and import classifications with recent amendments introduced through the Finance Act, 2025 and the corresponding DGFT Notification No. 44/2025-26 dated October 15, 2025.

The move aims to synchronize the ITC (HS) 2022 - Schedule I (Import Policy) with the statutory changes made under the Finance Act, 2025 (No. 7 of 2025) dated March 29, 2025. The Directorate General of Foreign Trade (DGFT) notification has updated the ITC (HS) codes, along with relevant policy conditions, section notes, and chapter-wise headings, ensuring uniformity across trade and customs documentation.

CBIC Aligns Import Policy with Finance Act 2025

According to the CBIC, the changes include:

  • Insertion, deletion, amendment, and restructuring of specific ITC (HS) codes.
  • Updates in section and chapter notes, supplementary notes, and product descriptions.
  • Integration of these updates into customs systems for smooth implementation.

CBIC has directed all Principal Chief Commissioners, Chief Commissioners, and field formations to sensitize officers about the updated provisions to ensure seamless transition and compliance.

Any challenges faced during implementation are to be reported to the Board for resolution, the instruction stated.

The initiative is part of CBIC's ongoing efforts to streamline trade policy, enhance clarity in tariff classification, and align India's import policy with legislative updates introduced under the Finance Act.

Official copy of the notification has been attached

FAQ :

The main purpose is to align customs procedures and import classifications with amendments made by the Finance Act, 2025 and DGFT Notification No. 44/2025-26.

The ITC (HS) 2022 - Schedule I (Import Policy) is being synchronised with the statutory changes.

Changes include the insertion, deletion, amendment, and restructuring of ITC (HS) codes, as well as updates to section and chapter notes, supplementary notes, and product descriptions.

Principal Chief Commissioners, Chief Commissioners, and field formations are directed to sensitise officers and ensure implementation.

Any challenges faced during implementation are to be reported to the CBIC Board for resolution.




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