Central Government hereby notifies Indian Trade Classification (Harmonised System) 2022 [ITC(HS)2022] in sync with the Finance Act, 2021
Notification No. 54 /2015-2020
New Delhi, Dated: 9'Ê° February, 2022
Notification of ITC (HS), 2022- Schedule-1 (Import Policy)
In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (as amended from time to time) read with paragraph 1 02 and 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government hereby notifies ‘Indian Trade Classification (Harmonised System) 2022 [ITC(HS)2022]’ in sync with the Finance Act, 2021 dated 28"’ March, 2021 and Corrigenda dated 29.12.2021.
The modifications/amendments in the Chapter-wise Policy Conditions is at Annexure-I.
The List of ITC(HS) codes introduced/deleted/amended/split/merged as per the Finance Act, 2021 is at Annexure-II.
The modifications/amendments in the Section Notes, Chapter-wise Maln Notes, Supplementary Notes, Chapter heading, sub-headings and description of ITC(HS) codes as per the 1'inance Act, 2021 is at Annexure-III.
"the updated ITC(HS) 2022 along with Annexure-I, II & III shall be available on the website of UGC T (https://dgft.Nov.in).
Effect of this Notification: ITC(HS) 2022 Schedule-1 (Import Policy) is notified in sync with the Finance Act, 2021. Import policy of drones in CBU/CKD/SKD form under HS Code 8806 1S ‘Prohibited’ with exceptions provided for R&D, Defence and Security purposes. Import of drone components shall be Free’. This shall come into force with immediate effect.
All the annexures along with notification can be accessed from this link https://content.dgft.gov.in/Website/dgftprod/7d5fd1eb-ad39-4c99-b760-014223657469/Eng-Notification%2054%20dated%209%20Feb%202022%20ITC(HS)%202022%20_with%20Annexures.pdf