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Trade Update 57

Amendment in import policy condition of Urea [Exim Code 310210001 in the ITC (HS) 2017, Schedule — I.
The Directorate General of Foreign Trade vide Notification No. 40/2015-2020-DGFT dated November 03, 2021 has in addition to the Rashtriya Chemicals & Fertilizers Limited (RCF), allowed import of Urea through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 2015-2020. The NFL and IPL are designated as STE for import of Urea on Government account. However, IPL is allowed to import Urea on Government account till March 31, 2022 only. Henceforth, the MMTC and STC are de-notified as STE for import of Urea.

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/41c5c6c6-e874-4310-80e0-86f79607185f/Noti%2040%20dated%2003-11-2021%20Eng.pdf

B. Amendment in Appendix 2T (List of Export Promotion Councils/Commodity Boards/ Export Development Authorities) of Foreign Trade Policy 2015-2020.
The Directorate General of Foreign Trade vide Public Notice No. 33/2015-2020 dated November 02, 2021 has under Appendix 2T of FTP, 2015-2020, updated the address of the Council for Leather Exports (CLE) and the Exhibition Cell of Gem Jewellery Export Promotion Council (GJEPC) has been de-notified, with immediate effect.

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/866b7474-ef7a-4cec-9abb-29908c58f7a6/PN%2032%20English.pdf

C. Last date for filing claim at the Online IT module for Scrip based Schemes – MEIS/SEIS/ ROSL/ROSCTL.
The Directorate General of Foreign Trade vide Trade Notice No. 22/2021-2022 dated November 02, 2021 has drawn attention to Notification No. 26 dated September 16, 2021, wherein December 31, 2021 has been stipulated as the revised last date for making online applications under MEIS/SEIS/ RoSL/RoSCTL schemes. After December 31, 2021, the Online IT system will not be operational and no applications/claims under the mentioned schemes can thereafter be submitted. It has also been notified that the facility for filing applications, with a late cut provision, would also be not be available and all applications will get time barred after December 31, 2021

Trade Notice is available at:
https://content.dgft.gov.in/Website/dgftprod/00e7c4e9-8e81-4d9d-b5c4-06498ef74d13/Trade%20Notice%2022%20dated%2002%20Nov%202021.pdf