Reetu | Jul 27, 2022 |
DGFT issued Clarification on Non-Ferrous Metal Import Monitoring System
The Directorate General of Foreign Trade (DGFT) has issued a Clarification regarding the Non-Ferrous Metal Import Monitoring System by releasing Policy Circular.
Subsequent to the issuance of DGFT Notification No.61/2015-2020 dated 31.03.2021 amending the import policy of items of copper (Annexure-I to DGFT Notification No.61/2015-2020) falling in Chapter-74 of ITC (HS) and items of Aluminum (Annexure-II to DGFT Notification No.61/2015-2020) falling in Chapter-76 of ITC (HS) from ‘Free’ to ‘Free subject to compulsory registration under Non-Ferrous Metal Import Monitoring System (NFMIMS)’, DGFT has received various representations from members of Trade & Industry seeking clarification on NFMIMS.
Clarification Given by DGFT on Non-Ferrous Metal Import Monitoring System:
For Official Circular Download PDF Given Below:
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