Knowledge Resource >

Trade Update 33

A. Amendment in import policy and condition of items classified under Chapter 41 & 43 of ITC (HS), 2017, Schedule–I (Import Policy).
The Directorate General of Foreign Trade vide Notification No. 55/2015-20 dated January 7, 2021 has amended import policy of some items classified under Chapter 41 and 43 of ITC (HS), 2017, Schedule – I (Import Policy subject to Wildlife (Protection) Act, 1972 and CITES) from “prohibited” to “free” and new policy conditions have been added to Chapter 41 and 43.
Notification is available at:
https://content.dgft.gov.in/Website/dgftprod/b8332978-c197-419b-a33be571ba84cd64/Notification%2055%20English.pdf

B. Electronic Issuance of Preferential Certificate of Origin (CoO) for India’s Exports to UK under Generalised Scheme of Preferences (GSP)
The Directorate General of Foreign Trade vide Trade Notice No. 37/2020-21 dated January 11, 2021 has issued the details provided by the United Kingdom (UK) on the Generalised Scheme of Preference (GSP). Goods that met the UK GSP rules of origin requirement are eligible to claim a GSP rate of import duty on the basis of a valid proof of origin. A valid proof of origin must be either of the following: –
I. GSP Form A- which does not need to be stamped and signed by an authority designated by the GSP country.
II. An origin declaration- which must include information to enable the identification of an originating good.
The GSP Form-A is available electronically on the e-CoO Platform.
Notification is available at:
https://content.dgft.gov.in/Website/dgftprod/a27a68f5-308c-4ea6-889e0dafb8739752/Trade%20Notice%20-%2037.pdf

C. Introduction of online e-PRC System for Application seeking Policy/Procedure relaxation in terms of Para 2.58 of FTP 2015-20.
The Directorate General of Foreign Trade vide Trade Notice No. 38/2020-21 dated January 15, 2021 has decided to introduce a new module, online e-PRC System for seeking policy/procedure relaxation in terms of Para 2.58 of FTP. Therefore, from January 25, 2021 onwards, all applications seeking policy/procedure relaxation are mandatorily required to be submitted online through the exporter’s dashboard on the DGFT Website. Manual submission of application seeking policy/procedure relaxation would no longer be allowed from January 25, 2021 onwards.
Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/a4931de0-8b61-438b-833b79e8b432ebba/Trade%20Notice%20No.38%20dt%2015.01.2021.pdf