DGFT Notifies Amended Import Policy Conditions w.r.t. Import of Marble from Bhutan [Read Notification]

The Directorate General of Foreign Trade ( DGFT ) has notified the amended import policy conditions on the import of marble from Bhutan.

The amendment allows the Import of 10000 Metric Tonnes of (HS) Codes 2515 and 6802 shall be allowed annually from Bhutan without Minimum Import Price, with immediate effect subject to the following

i. Import is permitted with a valid Registration Certificate issued by the DGFT.

ii. This shall operate on a financial year basis.

The existing import policy condition states that the Import of Marble, classified under Chapters 25 and 68, from Bhutan shall be subject to a combined annual quota of 10 lakh sq (5882 MT). The quota shall come into effect immediately and shall operate on a financial year basis. Monitoring and allocation of the quota shall be made by the Government of Bhutan.

The notification for Amendment in Policy Conditions under ITC HS code 2515 of Chapter 25 and 6802 of Chapter 68 of Schedule-I (Import Policy) of ITC (HS) 2022 stated: –

“In exercise of powers conferred by Section 3 read with Section 5 of FT(D&R) Act, 1992, read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the Policy Condition No. 3 of Chapter 25 and Policy Condition No. 1 of Chapter- 68 of Schedule-I (Import Policy) of ITC (HS), 2022, with immediate effect, as under:

Existing Import Policy Condition :

Import of Marble, classified under Chapters 25 and 68, from Bhutan shall be subject to a combined annual quota of 10 lakh sq (5882 MT). The quota shall come into effect immediately and shall operate on a financial year basis. Monitoring and allocation of the quota shall be made by the Government of Bhutan.

Amended Import Policy Condition :

The amendment allows the Import of 10000 Metric Tonnes of (HS) Codes 2515 and 6802 shall be allowed annually from Bhutan without Minimum Import Price, with immediate effect subject to following

i. Import permitted with a valid Registration Certificate issued by the DGFT.

ii. This shall operate on a financial year basis.”

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