Amendment in import policy condition of Glufosinate Technical

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. 58 /2023

S.O. 331(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, the Central Government hereby amends the import policy condition for the following HS Code covered under Chapter 38 of the ITC (HS), 2022, Schedule -I (Import Policy), with effect from 25.01.2024, as under:

HS codeItem
Description
Existing
Policy
Existing
Policy
Condition
Revised Policy Condition
38089390— OtherFreeIf registered
and not
prohibited for
import under
Insecticides
Act, 1968 and
formulations
thereof.
(a) If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof.
(b) Import of ‘Glufosinate Technical’* (Purity –
Minimum 95% w/w) [CAS No. 51276-47-2] is
“Prohibited” for CIF value below Rs. 1289/- per Kg.
(c) However, import of ‘Glufosinate Technical’ is
“Free” for CIF value of Rs. 1289/- or above per Kg
(d) The said policy condition shall be reviewed after a period of one year.

*IUPAC Name: 2-amino-4-[hydorxy9methyl) phosphoryI] butanoic acid

Effect of the Notification: The import policy of ‘Glufosinate Technical’ under ITC (HS) Code 38089390 is revised from “Free” to “Prohibited”. However, import shall be free if CIF value is Rs. 1289/- or above per Kg. This will be effective from 25.01.2024

This issue with the approval of Minister of Commerce & Industry.

Notification

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