DGFT clarifies declaration of correct HS Codes instead of using ‘Other’ category in case of import and export

No Comments

The Directorate General of Foreign Trade vide Trade Notice No. 37/2019-20 dated October 22, 2019 has clarified that, members of the trade and industry while filing Bill of Entry (“BoE”) with the Customs Authorities need to be careful while mentioning HS Codes in the BoE, in case of imports and Shipping Bills in case of exports. They need to indicate the specific HS codes of items at 8 digit where they exist, instead of using the ‘Others’ category in a loose and inaccurate manner.

Any wilful mis-declaration of HS Codes will be duly dealt with under Foreign Trade (Development & Regulation) Act, 1992.

Read more at: http://dgft.gov.in/sites/default/files/trade%20notice%20no.%2037%20dated%2022.10.2019.pdf