Government Puts Limits on Imports of Hydrofluorocarbons

Directorate General of Foreign Trade (DGFT) amended that import policy of Hydrofluorocarbons (HFCs) has been revised from ‘Free’ to ‘Restricted’ subject to NOC from MoEF&CC in Notification no. 59 /2015-2020 dated 09th March 2022.

Text of the Notification is Given Below:

S.O. (E): In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, I 992 (as amended from time to time) read with paragraph 1.02 and 2.0 I of the Foreign Trade Policy, 2015-2020, the Central Government hereby amends the Import Policy and inserts Policy Condition under Chapter 29 and 38 of ITC (HS), 2022, Schedule – I (Import Policy) for the following HS codes as under:

2. A new Policy Condition No. 5 is added in Chapter 29 and Policy Condition No. 6 is added in Chapter 38 of ITC (HS) 2022, Schedule -1 (Impo1t Policy) as under :

“Import of Hydrofluorocarbons (HFCs) is permitted with an import authorization subject to recommendation of Ozone Cell, MoEF&CC. “

3. Effect of this Notification

Import policy of Hydrofluorocarbons (HFCs) has been revised from ‘Free’ to ‘Restricted’ subject to NOC from MoEF&CC.

This issues with the approval of Minister of Commerce and Industry.

To Read Official Notification Download PDF Given Below: