IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 26 Feb 2009 | Removal date: open ended
Still in force

Import-related non-tariff measure, nes

 On 26 February 2009, the Government of India vide Notification No. 88 (RE-2008) / 2004-2009 notified various amendments to India's foreign policy. 
 
Import policy 
The import policy for "worked coral" was made free, where earlier the import of these products was restricted, and required license from the Directorate General of Foreign Trade (DGFT), Government of India.
 
According to UN Comtrade, bilateral trade on the stated tariff line did not exceed USD 1 million for a single trading partner in 2008, the year prior to the imposition of this measure. Hence, no countries are listed as affected trading partners for this change.
 
Personal carriage of gold
The limit of personal carriage of gold in primary form, by authorised persons, was allowed, upto 10 kgs in a financial year, subject to guidelines prescribed by the Reserve Bank of India and Department of Revenue, Government of India. This was previously not allowed by customs authorities, in the absence of an explicit provision in this regard. 
 
Export incentive schemes
Under the Focus Product Scheme, an additional grant of duty credit scrips, equivalent to 5% of FOB value of exports, was made available to special products or sectors having high labour intensity. Vide Public Notice No. 151/2008, also issued on 26 February 2009, handmade carpets and other textile floor coverings benefit from this provision. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

272 Carpets & other textile floor coverings
5702 Carpets and other textile floor coverings, woven, not tufted or flocked, whether or not made up, including “Kelem”, “Schumacks”, “Karamanie” and similar handwoven rugs.
570242 Of manmade textile materials
5703 Carpets and other textile floor coverings, tufted, whether or not made up.
570320 Of nylon or other polyamides
570330 Of other manmade textile materials
570390 Of other textile materials
5705 Other carpets and other textile floor coverings, whether or not made up.
570500 Other carpets and other textile floor coverings, whether or not made up.
413 Basic precious metals & metals clad with precious metals
7108 Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form.
710811 Powder
710812 Other unwrought forms
710813 Other semimanufactured forms

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