Notification No.54/2015-2020

Member: 
Legislation no.: 
21
First published: 
09.02.2022
Legislation Status: 
In force
Product categories: 
Latest notification: 
Source: 

Gazette of India

Notes: 

Import policy of drones in CBU/CKD/SKD form under HS Code 8806 is ‘Prohibited’ with exceptions provided for R&D, Defence and Security purposes. Import of drone components shall be "Free". This shall come into force with immediate effect.

S.O. (E): In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (as amended from time to time) read with paragraph 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby notifies "Indian Trade Classification (Harmonised System) 2022 [ITC (HS) 2022]" in sync with the Finance Act, 2021 dated 28 March 2021 and Corrigenda dated 29 December 2021.
The modifications/amendments in the Chapter-wise Policy Conditions is at Annexure-I.
The List of ITC (HS) codes introduced /deleted/ amended/ split/ merged as per the Finance Act, 2021 is at Annexure-II.
The modifications/amendments in the Section Notes, Chapter-wise Main Notes, Supplementary Notes, Chapter heading, sub-headings and description of ITC (HS) codes as per the Finance Act, 2021 is at Annexure-III.
The updated ITC (HS) 2022 along with Annexure-I, II & III shall be available on the website of DGFT (https://dgft.gov.in).
Effect of this Notification: ITC (HS) 2022 Schedule-1 Import Policy is notified in sync with the Finance Act, 2021.