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 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 Code||Item Description||Policy||Existing Policy Conditions||Amended Policy||Revised Policy Conditions|
|9804 10 00||Drugs and Medicines||Restricted||Subject 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.||Free||Subject to