Ministry of Finance TheDollarBusiness

Import policy of worked monumental or building stone

Dated 5th December, 2014 | Notification No. 100 (RE-2013)/2009-2014 | Subject :  Import policy of Worked monumental or building stone (except slate) and articles thereof, other than goods of heading 6801; mosaic cubes and the like, of natural stone (including slate), whether or not on a backing; artificially coloured granules, chippings and powder, of natural stone (including slate) S.O.(E)  In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in the Schedule 1 (Imports) of the ITC (HS) Classifications of Export and Import Items. 2.  Existing policy conditions (prior to this amendment) as available at page 545 of ITC(HS) Classification of Export and Import Items (as updated on 18.04.2012), for the Exim Codes 6802 10 00, 6802 21 10, 6802 21 20, 6802  21 90, 6802 91 00 and 6802 92 00 of Chapter 68 are extracted below (earlier policy conditions) : “Import permitted freely provided cif value is US$  60  & above per square metre.” 3    After  amendment  the  entry  would  read  as  below  (amended  policy conditions):    “Import (maximum thickness of slab 20mm) permitted freely provided cif value is US$  60 & above per square metre.” 4.  The effect of this Notification:- Now the import of items under the Exim Codes specified above is permitted freely if cif value is US$ 60 and above per square meter with the condition that maximum thickness of slab be 20 mm.   [Issued from F. No. 01/53/162/Misc/AM15/Marble-01/IC]   Source: DGFT Original release 

The Dollar Business Bureau - Dec 06, 2014 12:00 IST