The Ministry of Commerce and Industry amends Import Policy and Policy Conditions for Drugs and Medicines, effective 12th July, 2017

The Ministry of Commerce and Industry amends Import Policy and Policy Conditions for Drugs and Medicines, effective 12th July, 2017

July 18, 2017 Industry Specific 0

The Ministry of Commerce and Industry has amended the Import Policy and Policy Conditions of items of Chapter 98 of the Foreign Trade Policy, 2015-2020, by a notification dated: 12th July, 2017.

The policy for Drugs and Medicines, categorized under the Code 98041000 under Harmonized System of Nomenclature (“HSN”) has been amended in the following manner:

Exim CodeItem DescriptionPolicyExisting Policy ConditionsAmended PolicyRevised Policy Conditions
9804 10 00Drugs and MedicinesRestrictedSubject to value limit of Rs.2000 (c.i.f) and other conditions as specified in clause 3(1), (i) of Foreign Trade (Exemption from Application of Rules in Certain Cases) Order, 1993.FreeSubject to
conditions
specified by
DGHS.


Source:
 Ministry of Commerce and Industry

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