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Trade Update 35
A. Amendment in import policy of Coal and incorporation of Policy Condition No. 7 in Chapter 27 of ITC (HS), 2017, Schedule-I (Import Policy)
The Directorate General of Foreign Trade (DGFT) vide Notification no. 56/2015-2020 dated January 28,202, has stated that the Coal Import Monitoring System (CIMS) will be effective from 01.04.2021, i.e., Bill of Entry filed on or after 01.04.2021 for coal shall be governed by CIMS. The facility of online registration will be available with effect from 15.02.2021.
Trade Remedy Measures Update
The Directorate General of Trade Remedies (DGTR), Ministry of Commerce and Industry has recently undertaken the following measures concerning trade remedy investigations.
• December 18, 2020– Final findings issued in mid-term review investigation concerning imports of “Polytetrafluoroethylene (PTFE)” originating in or exported from Russia.
• January 22, 2021– Final findings issued in mid-term review of anti-dumping investigation concerning imports of “Nylon Filament Yarn” originating in or exported from European Union and Vietnam.
• January 22, 2021– Initiation notification issued in sunset review investigation of anti-dumping duty imposed on imports of “Glazed/Unglazed Porcelain/Vitrified tiles in polished or unpolished finish with less than 3% water absorption” originating in or exported from China PR.