Glufosinate and Its Salt Import Subjected to Restriction, DGFT prohibits Import below CIF Value Threshold [Read Notification]
Import of 'Glufosinate and its salts' (Purity - Minimum 95% w/w) is "Prohibited" for CIF value below Rs. 1289/- per Kg.
DGFT – Salt Import – DGFT prohibits Import – Directorate General of Foreign Trade – CIF Value Threshold – Tax News – Taxscan
DGFT – Salt Import – DGFT prohibits Import – Directorate General of Foreign Trade – CIF Value Threshold – Tax News – Taxscan
The Directorate General of Foreign Trade ( DGFT ) has issued Notification No. 14/2024-25 dated June 03, 2024, amending the item description of 'Glufosinate Technical' classified under HS Code 38089390 of Chapter 38 of Schedule -I (Import Policy) of the Indian Trade Clarification ( ITC ) Harmonized System (HS) 2022.
In the exercise of powers conferred by Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government has hereby amended the item description of 'Glufosinate Technical' under Chapter 38 of the ITC (HS), 2022, Schedule -I (Import Policy), superseding Notification No. 58/2023 dated January 23, 2024. The changes made are indicated in bold letters.
| HS Code | Item Description | Existing Policy | Existing Policy Condition | Revised Policy Condition |
| 38089390 | ---Other | Free | (a) If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof.(b) Import of 'Glufosinate Technical' (Purity - Minimum 95% w/w) [CAS No. 51276-47-2] is "Prohibited" for CIF value below Rs. 1289/- per Kg. | (a) If registered and not prohibited for import under Insecticides Act, 1968 and formulations thereof. (b) Import of 'Glufosinate and its salts' (Purity - Minimum 95% w/w) is "Prohibited" for CIF value below Rs. 1289/- per Kg. (c) However, import of 'Glufosinate and its salts' is "Free" for CIF value of Rs. 1289/- or above per Kg. (d) The said policy condition shall be reviewed after a period of one year w.e.f. the date of publication of Notification No. 58/2023 dated January 23, 2024. |
To Read the full text of the Notification CLICK HERE
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
