DGFT Notifies Implementation of Paper Import Monitoring System

DGFT Notifies Implementation of Paper Import Monitoring System

Reetu | Jul 8, 2022 |

DGFT Notifies Implementation of Paper Import Monitoring System

DGFT Notifies Implementation of Paper Import Monitoring System

The Directorate General of Foreign Trade(DGFT) Vide Policy Circular No. 41 /2015-2020 dated 5th July 2022 Notifies Implementation Paper Import Monitoring System.

The Circular is Given Below:

Implementation of Paper Import Monitoring System (PIMS) -Clarification w.r.t. applicability of PIMS at the time of import at SEZ/FTWZ/EOU and further import into DTA-regarding.

The DGFT, vide Notification No. 11/2015-20 dated 25.05.2022, has introduced Paper Import Monitoring System (PIMS), by amending import policy of 201 tariff lines under Chapter 48 of ITS (HS), 2022, Schedule -I (Import Policy) from ‘Free’ to ‘Free’ subject to compulsory registration under PIMS.

2. The Directorate has received a query whether PIMS Registration is required both at the point for import into Special Economic Zone (“SEZ”)/ Free Trade and Warehousing Zones (“FTWZ”) and at the time of Customs Clearance from SEZ to Domestic Tariff Area (“OTA”) and also whether the registration is required for EOUs as well at the time of import by an EOU.

3. The matter has been examined in consultation with the Department for Promotion of Industry and Internal Trade (DPIIT) and based upon their inputs, the following is clarified:

(i) PIMS Registration shall be required at the point of import by a Unit in SEZ/FTWZ or at the time of import by an EOU of the items covered under PIMS.

(ii) PIMS Registration shall not be required by the OTA Unit at the time of Customs Clearance from the SEZ/FTWZ/EOU to OTA if no processing has taken place of the item of paper that has already been registered under PIMS at the time of entry into a SEZ/FTWZ/EOU. However, if processing has taken place in the SEZ/FTWZ/EOU with change in HS Code at 8-Digit level, then the importer in OTA will require to register under PIMS, if the processed item falls under any of the tariff lines covered under PIMS.

This issues with the approval of Director General of Foreign Trade.

For Official Circular Download PDF Given Below:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
New India’s UPI Revolution: UPI unstoppable with 138% growth in Transaction Value from 2017-18 to 2023-24 New RCM Time of Supply Rules came into effect from 1st Nov 2024; Know About the Rule Income Tax Due Date Calendar Nov 2024 Form 12 BAA is meant to assist you in Claiming Tax Credits for Non-Salary Income Technical Issues in Income Tax Returns Processing has put Taxpayers in TroubleView All Posts