India cautions traders about fraud in import-export from China
PTI Indian diplomatic missions in China have cautioned traders from India that they may end up getting sand, stones, salt, bricks, mud etc in place of items ordered and issued detailed guidelines to avoid incidents of cheating. The Indian Embassy and the Consulates have issued trade advisories to various trade bodies and associations cautioning traders and small and medium enterprises (SMEs) planning to do business with China after receiving several complaints. "It is to enhance the commercial cooperation between India and China by drawing attention to some of the risks faced by Indian traders/SMEs to take preventive and/or mitigating action," said the advisory. "The information contained in this advisory is based on trade-related problems that are periodically brought to the Consulate's attention for information, facilitation ...
Import of natural sands to be subject to Plant Quarantine
Dated 7th November, 2014 | Notification no. 97 (RE – 2013)/2009-2014 | Subject: Revision in Import Policy for Natural Sand. S.O. (E): In exercise of powers conferred under Section 3 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy, 2009- 2014, as amended from time to time, the Central Government hereby makes the following amendments in Import Policy of Chapter 25 of ITC (HS) 2012, Schedule 1 (Import Policy): 2.Effect of this Notification: The Import Policy of ‘Natural Sands’ is revised. Now, import of sand will be subject to Plant Quarantine (Regulation of Import into India) Order, 2003. Source: DGFT Original release