Amendment in import Policy Condition of Glufosinate Technical
Amendment in import Policy Condition of Glufosinate Technical covered under HS Code 38089390 of Chapter 38 of Schedule —I (Import Policy) of ITC (HS) 2022 – Notification No. 54 /2024-25
S.O. (E): In exercise of powers conferred by Section 3 and Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, and in partial modification of Notification No. 58/2023 dated 23.01.2024 and Notification No. 14/2024-25 dated 03.06.2024, the Central Government hereby extends the Minimum Import Price (MIP) condition on the following ITC HS Code of Glufosinate Technical under Chapter 38 of the ITC (HS), 2022, Schedule -I (Import Policy) for a period of one year i.e. from 24.01.2025 to 23.01.2026, as under: (Changes made are indicated in bold letters):
| HS Code | Item Descriptio n | Existing Policy | Existing Policy Condition | Item Description |
| 38089390 | — Other | Free | If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof Import of `Glufosinate and its salts’ (Purity — Minimum 95% w/w) is “Prohibited” for CIF value below Rs. 1289/- per Kg. However, import of `Glufosinate and its salts’ is “Free” for CIF value of Rs. 1289/- or above per Kg The said policy condition shall be reviewed after a period of one year w.e.f. the date of publication of Notification No. 58/2023 dated 23.01.2024. | If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof Import of `Glufosinate and its salts’ (Purity — Minimum 95% w/w) is “Restricted” for CIF value below Rs. 1289/- per Kg. However, import of `Glufosinate and its salts’ is “Free” for CIF value of Rs. 1289/- or above per Kg The said policy condition shall be reviewed after a period of one year w.e.f. the date of publication of this Notification. |
Effect of the Notification:
Import of ‘Glufosinate and its salts’ (Purity — Minimum 95% w/w) is “Restricted” for CIF value below Rs. 1289/- per Kg. However, import of `Glufosinate and its salts’ is `Free’ if CIF value is Rs. 1289/- per Kg and above.
This is issued with the approval of Minister of Commerce & Industry.
Go to DGFT
Read More Updates on DGFT
