The Ministry of Commerce and Industry has amended the import policy for Glufosinate Technical, classified under HS Code 38089390. Effective from 25th January 2024, imports of Glufosinate Technical with a purity of at least 95% w/w will be considered 'Prohibited' if the CIF value is below Rs. 1289/- per Kg. However, imports are permitted under 'Free' policy if the CIF value meets or exceeds Rs. 1289/- per Kg. This policy will be reviewed after one year.
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 23rd January, 2024
No. 58 /2023
Subject: Amendment in import policy condition of Glufosinate Technical covered under HS Code 38089390 of Chapter 38 of Schedule I (Import Policy) of ITC (HS) 2022.
S.O. 331(E).In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the F
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FAQ :
The import policy for Glufosinate Technical (HS Code 38089390) has been revised. Imports are now 'Prohibited' if the CIF value is below Rs. 1289/- per Kg, but remain 'Free' if the CIF value is Rs. 1289/- or above per Kg.
This amendment to the import policy is effective from 25th January 2024.
The HS Code for Glufosinate Technical mentioned in the notification is 38089390.
Yes, the import of Glufosinate Technical is 'Free' if the CIF value is Rs. 1289/- or above per Kg. The product must also meet the minimum purity requirement of 95% w/w.
The revised policy condition for Glufosinate Technical will be reviewed after a period of one year.
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Notification No : 58/2023Published in GST
Source : https://egazette.gov.in/(S(oowjs03trp51o10avjzlsopc))/ViewPDF.aspx