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FTP - Notifications

Paracetamol (including FDCs) — Export policy of formula-
tions made from Paracetamol (including FDCs) revised
to Free
Subject : Amendment in Export Policy of formulations made from Paracetamol
(including FDCs).
In exercise of powers conferred by Section 3 of the Foreign Trade (Devel-
opment & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para
1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government here-
by makes following amendment in the Chapter 30 of the Schedule 2 of the
ITC HS Export Policy amending the Notification No. 50/2015-20, dated 3-3-2020
related to export Policy of APIs and formulations made from Paracetamol :

S. No. ITC HS Codes Description Present Revised
Policy Policy
156 M 3004 90 99 Formulations made of Parace- Restricted Free
tamol (including FDCs)

2. Effect of this Notification :
The Notification No. 50/2015-20, dated 3-3-2020 is further amended to
the extent that the formulations made from Paracetamol (including FDCs) under
any ITC HS Code, including the ITC HS Code mentioned above, are made “Free”
for export, with immediate effect. However, Paracetamol APIs will remain re-
stricted for export.
[M.C. & I. (D.C.) Notification No. 3/2015-20, dated 17-4-2020]

Pulses — Import of Yellow Peas, Green Peas, Moong,
Tur/Pigeon Peas restricted
In exercise of powers conferred by section 3 of the Foreign Trade (Devel-
opment and Regulation) Act, 1992 (22 of 1992), read with paragraphs 1.02 and
2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the

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EXCISE LAW TIMES  1st May 2020  75