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NOTIFICATION NO. 03/2020, DT. 17/04/2020

Amendment in Export Policy of formulations made from Paracetamol (including FDCs)

 

S.O. 1264(E).– In exercise of powers conferred by Section 3 of the Foreign Trade (Development & 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 hereby makes following amendment in the Chapter 30 of the Schedule 2 of the ITCHS Export Policy amending the The Notification No. 50/2015-20 dated 03.03.2020 related to export Policy of APIs and formulations made from Paracetamol:
 

S.No ITC HS Codes Description Present Policy Revised Policy
156M 30049099 Formulations made of Paracetamol (including FDCs) Restricted Free


2. Effect of this Notification:

The Notification No. 50/2015-20 dated 03.03.2020 is further amended to the extent that the formulations made from Paracetamol (including FDCs) under any ITCHS Code, including the ITCHS Code mentioned above, are made “Free” for export, with immediate effect. However, Paracetamol APIs will remain restricted for export.
 

(Amit Yadav)
Director General of Foreign Trade
Ex-officio Additional Secretary, Government of India
E-mail: dgft@nic.in

(Issued from File No. 01/91/180/24/AM20/EC)

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