ITC
(HS), 2017
SCHEDULE 1 – IMPORT POLICY
Explanatory Note for Row and Column Description of this Schedule
This Schedule is organised as under:
1. The titles of Sections, Chapters and
Sub-chapters are provided for ease of reference only.
2. In an eight digit EXIM Code, the first
two digits represent the Chapter, followed by two digit for the Heading, two
digits for Sub-heading and another two
digit developed in India under the common classification system for the Item.
3. In this Schedule, the meanings of
Heading, Sub-heading and Items are as under:
a. “Heading”, in respect of goods, means a description in list of this Schedule accompanied by a four-digit number and includes all sub headings of items the first four-digits of which correspond to that number;
b. “Sub-heading”, in respect of goods, means a description in the list of this Schedule accompanied by a six-digit number and includes all items the first six-digits of which correspond to that number;
c. “Item Description” means a description of goods in the list of this Schedule accompanying eight digit EXIM Code as given in the Column 2.
4. Each Chapter contains number of rows and
each row is divided into four columns.
5. The column name and their descriptions
are given in the table below:
Column No. |
Column Name |
Column Description |
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1. |
EXIM Code |
First Column gives the ITC HS Code, also called as EXIM Code. The six digit code and product description corresponds exactly with the six digit World Customs Organisation. |
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2. |
Item Description |
This column contains the ITC (HS) description against the respective codes. Some adaptations have been made in the descriptions to comply with existing import policy. |
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3. | Policy: |
This
Column gives the Import Policy regime applicable on the
item. Generally, the Import Policy regime is one of the following.
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4. | Policy Condition |
The precise restrictions are detailed in this column, wherever possible. In other cases, the details of the conditions and restrictions are given at the end of the Chapter in the form of Policy Conditions of this Chapter. The intention of incorporating this column is solely and exclusively to make this Schedule self contained and user friendly. However, this does not imply that there may be no other conditions applicable on imports. |