ANNOUNCEMENT 09 Sep 2009In September 2009, the government of India announced a change in import formalities.
NUMBER OF INTERVENTIONS
Notification No. 8 / 2009-2014
On 9 September 2009, the Government of India, vide Notification No. 8 / 2009-2014, removed restrictions and conditions imposed on the import of carbon black (HS Code 2803 00 10) and Other polyesters (HS Code 5402 47 00).
Previously, the free import of carbon black was subject to a minimum import price of 1,249 USD per metric ton at CIF values.
Import of carbon black priced below this, and the import of other polyesters at any price, were restricted under the Foreign Trade Policy 2009-2014 and subject to government approval.