Laws and sections by number or title, due dates, pages, and updates.
The Directorate General of Foreign Trade updates the validity period for IT hardware import authorisations up to 31 December 2024. Importers of specified IT hardware apply for new authorisations that remain valid until 31 December 2024. Existing import authorisations issued until 30 September 2024 remain valid up to 31 December 2024. Importers apply for fresh authorisations for the period starting from 01 January 2025 based on detailed guidance that the authority provides shortly.
What you must do
Key dates
Who is affected
Ask about this circular
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi
Dated: 24th September, 2024
Policy Circular No. 07 /2024-25
To,
Subject: Procedure for implementation of DGFT Notification no. 23/2023 dated 03.08.2023; 26/2023 dated 04.08.2023; 38/2023 dated 19.10.2023; and Policy circular no. 06/2023-24 dated 19.10.2023 beyond 30.09.2024 -reg.
Attention is drawn to DGFT Notification No. 23/2023 dated 03rd August 2023 read with Notification No. 26/2023 dated 4th August 2023 and Notification No. 38/2023 dated 19th October 2023, whereby Import of certain specified IT Hardware was 'Restricted'. Further, reference is invited to clarifications issued vide Policy Circular No. 06/203-24 dated 19.10.2023 on the said subject regarding establishing Import Management system.
In partial modification of Policy Circular No. 06/2023-24 dated 19.10.2023, it is clarified that the importers are allowed to apply for Import Authorisations which will be valid up to 31.12.2024. Further, the existing Import Authorisations issued till 30.09.2024 will continue to be valid up to 31.12.2024.
All other provisions of the Policy Circular No. 6/2023-24 dated 19.10.2023 remain applicable.
Importers would be required to apply for fresh authorisations for the period from 01.01.2025 subject to detailed guidance to be provided shortly.
This is issued with the approval of Competent Authority.
[Image omitted. See the official document.]
(Satya Raja Sekhar G) Deputy Director General of Foreign Trade E-mail: satya.grandhi@gov.in
(Issued from F.No.01/89/180/39/AM-13/PC-2[A]/E-2261)
