DGFT vide Notification No. 48/ 2015-2020 dated December 22, 2020 notified certain Exim codes under Chapter 84 and 85 of ITC (HS), 2017 Schedule 1 – Import Policy, which have been inserted/substituted vide the Finance Act, 2020 (No. 12 of 2020), dated March 27, 2020 as below:
Exim Code |
Item Description | Policy | Policy Condition |
8414 51 50 | Wall Fans | Free |
– |
8529 90 30 |
Open Cell for television set | Free | – |
8541 40 11 | Solar cells, not assembled | Free |
– |
8541 40 12 |
Solar cells, assembled in modules or made up into panels |
Free |
– |
Further, the item description “Solar cells, not assembled” substituted the existing item description i.e., “Photocells: – Solar cells whether or not assembled in modules or panels” in ITC (HS) 2017.
Effect of this Notification: Chapter 84 and 85 of ITC (HS) 2017- Schedule-I Import Policy is amended to incorporate changes as made in the Finance Act, 2020 dated March 27, 2020.
The Notification can be accessed at: https://content.dgft.gov.in/Website/dgftprod/29df1387-180d-4cf9-abd2-b15e2ecce9f3/Notification%2048%20english.pdf‘
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