DGFT revises Import Policy of Stock Lot from free to prohibited

Feb 03, 2020 | by Avantis RegTech Legal Research Team


Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) on January 31, 2020, has revised the Import Policy of Stock Lot under HSN Code 4810 of Chapter 48 of ITC (HS), 2017 from ‘Free’ to ‘Prohibited’.

The description of item under import policy are as under:

Imitation art paper; Art paper; Chrome paper or paper board; Other; Light-weight coated paper; Bleached uniformly throughout the mass and of which more than 95% by weigh of the total fibre content consists by a chemical process, and weighing 150 g/m2 or less; Insulating paper; electric insulating press board; Insulation boards (homogenous); Multi-ply.

[Notification No. 45/2015-2020]


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