Page 83 - ELT_1st July 2020_Vol 373_Part 1
P. 83

FTP - Notifications

               Human Embryos — Export Policy Revised

                       Subject :  Amendment in Export Policy of Human Embryos.
                       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 & 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government here-
               by, amends the export policy of Human Embryos under Chapter 5 of ITC (HS), 2018,
               Schedule-2 (Export Policy).
                       4.  New entry at Serial No. 49A is inserted in Chapter 5 of Schedule 2 of
               ITC (HS) Classification of Export and Import Items, as under :

                 S.     Tariff     Item Description    Export      Policy Conditions
                No.   Item HS                          Policy
                        Code
                49A  0511 99 99   Human Embryos/        Free    Subject to ‘No Objection
                                   Gametes/Gonad                Certificate’ from Indian
                                        tissues                 Council of  Medical Re-
                                                                search (ICMR)

                       5.  Effect of this Notification :
                       Human Embryos/Gametes/Gonad tissues are “Free” for export subject
               to ‘No Objection Certificate’ from Indian Council of Medical Research (ICMR).
                           [M.C. & I. (D.C.) Notification No. 11/2015-20, dated 12-6-2020]

               Tyres — Import Policy revised to ‘Restricted’ from ‘Free’
                       Subject :  Amendment in Import Policy of Tyres.
                       In exercise of powers conferred by Section of FT (D&R) Act, 1992, read
               with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amend-
               ed from time to time, the Central Government hereby amends the import policy
               of all items under ITC HS Code 4011 10, 4011 20, 4011 40 and 4011 50 of Chapter
               40 of ITC (HS), 2017, Schedule-I (Import Policy) as below :

                                                   5
                                     EXCISE LAW TIMES      1st July 2020      83
   78   79   80   81   82   83   84   85   86   87   88