Tag: India Import Policy
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Indian Govt Amends Import Policy for Steel; Makes Compulsory Registration under SIMS
Indian government has amended its import policy covered under foreign trade policy of 2015-2020 from ‘free’ to ‘ free subject to compulsory registration under Steel Import Monitoring System (SIMS)’ for the items covered under chapter 72,73 and 86. The amendment can be summarized as 1. Government has replaced free imports with free subject to compulsory…