ITC(HS) 2012 Notified on 18 April, HS2012 Incorporated, Format and Layout Revised

[Text of the ITC(HS) 2012 available at our website www,worldtraescanner.com and www.custadaindia.com]

[DGFT Notification No. 111 dated 18^th April 2012]

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 2.1 of the Foreign Trade Policy, the Central Government hereby notifies ‘Indian Trade Classification (Harmonised System) of Export and Import Items, 2012’ [ITC (HS), 2012] as enclosed in the Annexure to this Notification.

2. ITC (HS), 2012 contains ‘Schedule 1 - Import Policy’ and ‘Schedule 2 - Export Policy’. Against each item of these two schedules, the current import / export policy has been indicated; alongwith policy conditions to be fulfilled, if any.

3. This shall come into force with immediate effect.

Effect of this Notification

ITC (HS) 2012 is being notified incorporating the changes till now and after harmonising it with both the HS 2012 of World Customs Organisation and Tariff Schedule of Customs.

Annexure to the Notification No. 111/RE(2010)/2009-2014 dated 18.4.2012

ITC(HS) Schedule-1 (Import Policy)

ITC(HS) Schedule-2 (Export Policy)