The Central Government has issued an amendment in the Export Policy of Amphotericin-B injections used to treat Black Fungus. As such, the export of Amphotericin-B injections falling under the ITCHS Codes specified above or falling under any other HS Code has been restricted, with immediate effect. Read the official notification below:
MINISTRY OF COMMERCE & INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 1st June, 2021
No. 07/2015-2020
Subject: Amendment in Export Policy of Amphotericin-B injections
S.O. 2103(E).—In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment in Schedule 2 of the ITC (HS) Export policy, 2018 related to export of Amphotericin-B injections:
S.No ITC HS Codes Description Present Policy Revised Policy
207AB Ex 30049029 Amphotericin-B injections Free Restricted
Ex 30049099
2. The provision under Para 1.05 of the Foreign Trade Policy (FTP) 2015-20 regarding transitional arrangement is not applicable for this notification.
3. Effect of this Notification:
The export of Amphotericin-B injections falling under the ITCHS Codes specified above or falling under any other HS Code has been restricted, with immediate effect.
[F. No. 01/91/180/24/AM22/EC/E-27724]
AMIT YADAV, Director General of Foreign Trade
Ex-Officio Addl. Secy.
CAclubindia
