Monday 25 09 2023 11:24:03 AM

Office Address

123/A, Miranda City Likaoli Prikano, Dope

Phone Number

+0989 7876 9865 9

+(090) 8765 86543 85

Email Address

info@example.com

example.mail@hum.com

Customs introduces Mandatory additional qualifiers in Import Export declarations from July 1
Mr.G.Chandrasekar Jan 01 1970 Exim News

Customs introduces Mandatory additional qualifiers in Import Export declarations from July 1

The Central Board of Customs and Indirect taxes (CBIC) has come out with additional qualifiers to be added by the EXIM trade for purposes of both exports and imports declarations in respect of certain products with effect from July 1. This has been decided in consultation with Department of Chemicals and Petro chemicals and in terms of the bill of entry as part of electronic integrated declaration and paperless processing Regulations of 2018

 

These additional qualifiers have become mandatory at the time of filing import or export declarations as the case may be. In the case of Export declaration of IUPAC name and CAS number of the constituent chemicals, for imports under the chapters 28, 29, 32, 38 and 39 of the Customs Tariff Act, 1975.

 

These additional qualifiers shall be mandatory for imports under the said chapters for all Bills of Entry filed on or after July 1st. These fields shall be in addition to the existing declaration being made by importers.

 

Additional qualifiers in respect of exports include the declaration of the name of the medicinal plant, for exports of parts of plants under chapter 12, the declaration of the name of the formulation, for exports of formulations of different streams of medicine under chapter 30 and the declaration of the surface material that comes into contact with the chemical, for exports of various products under chapter 84.

 

In case of exports the decision for additional qualifiers were decided in consultation with Ayush Ministry and Directorate General of Foreign Trade.

 

The orders are in continuation of the customs circular issued on Dec 17, 2020, wherein importers were advised to voluntarily declare the complete description of imported goods and provide certain additional parameters for imported items such as scientific names, IUPAC names, brand name as applicable to aid reducing queries and improve the efficiency of assessment.

 

The matter was further reviewed in consultation with the Dept. of Chemicals and Petrochemicals, Ministry of AYUSH and the Directorate General of Foreign Trade (DGFT). It was noted that more complete details of the products in import/export declarations can lead to effective avoidance of queries, enhancing efficiency in assessment and facilitation, avoid making references to technical agencies and addressing basic causes for delays in clearance, apart from better aiding policy-making.