Reetu | Aug 16, 2022 |
DGFT amends registration time period of Non-Ferrous Metal Import Monitoring System
The Directorate General of Foreign Trade (DGFT) has notified Amendment in the minimum registration time period of the Non-Ferrous Metal Import Monitoring System (NFMIMS).
The Notification Stated, “The Non-ferrous metal Import Monitoring System (NFMIMS) shall require importers to submit advance information in an online system for import of items in the Annexure-I (for copper) and Annexure-II (for aluminium) and obtain an automatic Registration Number by paying a registration fee of Rs. 500/-. The importer shall apply for registration before the arrival of the import consignment. Registration can be applied not earlier than the 60th day before the expected date of arrival. The automatic number thus granted shall remain valid for a period of 75 days.”
Effect of the Notification: The requirement of advance registration of minimum 5 days from the expected date of arrival of import consignment under FMIMS has been abolished/made zero.
For Official Notification Download PDF Given Below:
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