Knowledge Resource >

Trade Update 51

A. Amendment in Export Policy of COVID-19 Rapid Antigen testing kits.
The Directorate General of Foreign Trade vide Notification No. 18/2015-2020 dated August 16, 2021 has amended the export policy of COVID-19 Rapid Antigen testing kits falling under the ITC (HS) Codes specified above or falling under any other HS Code and moved it into the Restricted category, with immediate effect.

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/17e141d5-50ff-462f-9e0b-73c4b7a44378/Noti%2018%20Eng.pdf

B. Procedure and Criteria for submission and approval of applications for export of COVID-19 Rapid Antigen Testing kits.
The Directorate General of Foreign Trade vide Trade Notice No. 16/2021-22 dated August 17, 2021 has notified the procedure and criteria for submission and approval of applications for export of COVID-19 Rapid Antigen Testing kits pursuant to DGFT Notification No. 18/2015-20 dated August 16, 2021 restricting the export of COVID-19 Rapid Antigen Testing kits.

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/b79877b2-d4a1-4bcc-bf09-81d7032e3825/Trade%20Notice%2016.pdf

C. Scheme Guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP).
The Directorate General of Foreign Trade vide Notification No. 19/2015-2020 dated August 17, 2021 has amended the Foreign Trade Policy 2015-20 and notified the scheme guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP).

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/ee052ba4-d026-4e3b-a100-20fdd0daeba2/Notification%20No.%2019%20English.pdf

D. Relaxation in applicability of provision in Para 6 (b) of General Notes Regarding Import Policy Schedule – I (Imports) of the ITC(HS) 2017, Schedule – I (Import Policy).
The Directorate General of Foreign Trade vide Notification No. 20/2015-2020 dated August 24, 2021 has relaxed the application of provision as in Condition 6(b) of General Notes Regarding Import Policy Schedule – I (Imports) of the ITC (HS) to allow imports of 12 Lakh Metric ton of crushed and de-oiled GM soya cake (only Non-living organism) under ITC HS codes 23040020 and 23040030 from Nhava Sheva (INNSA1) port and LCS Petrapole (INPTPB), till October 31, 2021 or until further orders, whichever is earlier.

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/729c1c8b-3ecc-4bc4-ab06-8a0927376deb/Notification%2020%20dt%2024-08-21%20Eng.pdf