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As per the Foreign Trade Policy 01/04/2015 to 31/03/2020, most of the exports and imports are free unless regulated as per ITC (HS) classification. Import is allowed for fresh virgin materials only. All second hand goods are covered under restricted category. (Except second hand machineries).
For import of restricted items specific special import licence is required. In other words before importation / shipment we must have valid Authorization.
We give below few items which are at present restricted : Plastic Scrap, Used Rubber Tyres /Tubes, Gold Dore bars, Metal Scrap E waste, Industrial Grade Urea etc.
Plastic Scrap
You are aware that the Plastic Scrap is covered under the restricted list of import items except PET bottle waste scrap which is only allowed i.e. free import. However, due to increase in the international price of the virgin material the Government may consider request for issue of specific authorisation on merit. If your unit is established prior to 19/06/1998 and you are consuming plastic virgin material / reprocessed granule / scrap you are eligible to get the specific authorisation for Import of Plastic Scrap. Kindly contact us to enable us to guide you and line of action to be taken.
Used Rubber Tyres / Tubes
The said item is covered under restricted list. However due to shortage of Natural Rubber, government has allowed said raw material for manufacturing of Crumb Rubber, Reclaim Sheet etc. and its by products. If you are manufacturing the said rubber products you are eligible for import.
Gold Dore Bars
The government of India had decided to reduce the import of Gold and encourage the refineries to import Gold Dore Bars upto 95% gold contents directly from overseas mines and produce pure gold for local market. If you are having and engaged in authorised refinery you are eligible to import gold dore bars.
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