Export Policy amended for easy export of Nitrile/NBR Gloves

Export Policy amended for easy export of Nitrile/NBR Gloves

Amid COVID, there was a ban on the export of Nitrile/NBR Gloves. But now the export policy has been eased out by making the product "restric

authorReetudateOct 26, 2020
Last update on Oct 26, 2020
Amid COVID, there was a ban on the export of Nitrile/NBR Gloves. But now the export policy has been eased out by making the product "restricted", from "prohibited".

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan New Delhi

Notification No. 42/2015-2020 New Delhi, Dated: 22nd October 2020

Subject: Amendment in Export Policy of Nitrile/NBR Gloves. S.O. (E) In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment in the Notification No. 29 dated 25.08.2020 amending the Schedule 2 of the ITCHS Export policy related to export of Nitrile/NBR Gloves as per the product description given below:
S.No. ITCHS Codes Description Present Policy Revised  Policy
207 A 392690 ex 4015 Nitrile/NBR Gloves Prohibited Restricted
2. Effect of this Notification: The Notification No. 29 dated 25.08.2020 is amended to the extent that the export policy of Nitrile/NBR Gloves exported under above mentioned HS Codes or any other HS Code is revised from “Prohibited” to “Restricted” category.

(Amit Yadav) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India

Download PDF

About Author

Reetu

Content Manager

Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.
Studycafe
Delhi, Delhi, India
8072
Up Next

Loading suggestions…