Knowledge Resource >
Trade Update 45
A. Amendment in Export Policy of Injection Remdesivir and Remdesivir API.
The Directorate General of Foreign Trade vide Notification No. 08/2015-2020 dated June 14, 2021 has put the export of injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients (API) falling under the ITC (HS) Codes specified above or falling under any other HS Code under Restricted category with immediate effect. The export of Remdesivir injections/API against the Advance Authorizations will not require a separate authorisation/ permission.
Trade Notice is available at:
B. Introduction Amendment in Appendix -2T of Foreign Trade Policy, 2015-2020.
The Directorate General of Foreign Trade vide Public Notice No. 06/2015-2020 dated June 14, 2021 has suspended the Cashew Export Promotion Council of India’s power to issue/renew RCMCs for products falling under their jurisdiction and APEDA is designated as the agency authorised to issue RCMC for cashew kernels, cashew nut shell liquid and kardanol, with immediate effect. However, RCMCs already issued by the council would remain valid for the rest of their validity period.
C. Fixation of two new standard input output norms (SION’s) at SION A-3678 and A-3679 under chemical and allied product.
The Directorate General of Foreign Trade vide Public Notice No. 10/2015-2020, dated June 25, 2021 has issued a notification for the fixation of two new Standard Input Output Norms (SION’s) at SION A-3678 and A-3679 under chemical and allied product.
D. Amendment in import policy of items under HS Code 1511 90 of Chapter 15 of ITC (HS), 2017, Schedule – I (Import Policy).
The Directorate General of Foreign Trade vide Notification No. 10/2015-2020 dated June 30, 2021 has amended import policy of items under HS code 15119010, 15119020 and 15119090 from ‘Restricted’ to ‘Free’ with immediate effect and for a period up to December 31, 2021. Further, import of items under HS code 151190 is not permitted through any port in Kerala.