Chapter 28 and 29 under Basic Chemicals for Status Holder Benefits – DGFT Clarifies

[ZPRU Circular No. 05 dated 7th February 2011]

The following Circular was issued by the Director General of Foreign Trade, Zonal Policy Research Unit, Mumbai on 7th February 2011.

Attention of all concerned is invited to ZPRU Circular No. 2/AM 11 dated 24.9.2010 wherein it was stated that the issue relating to coverage of export products under the category of “Basic Chemicals” was under reference to Policy Division of DGFT (Headquarters).All concerned were also advised not to issue SHIS in respect of the exports under this category pending receipt of clarification.  

Clarification has since been received from DGFT (Headquarters) vide letter no. 01/91/180/1171/AM 11/PC III/1033 dated 28.1.2011. It has been decided that all items covered under Chapter 28 and Chapter 29 of ITC (HS) Classification book are eligible for SHIS benefits as per serial no. 6 {Basic Chemicals (excluding Pharma Products)} under para 3.16.4 of FTP Policy 2009-2014.  

Accordingly, all concerned are advised to dispose the applications for SHIS in respect of exports covered under “Basic Chemicals” (excluding Pharma Product) strictly in accordance with the aforementioned clarification