The DGFT vide Notification No. 34/2023 dated October 04, 2023 revised the time period for applying registration under the Coal Import Monitoring System (CIMS) with immediate effect.
In exercise of powers conferred by Section 3 and Section 9 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023 (as amended from time to time), the Central Government hereby amends the Policy condition No.07 (ii) of Chapter – 27 of Schedule-I (Import Policy) of ITC (HS), 2022, with immediate effect:
Existing Policy Condition |
Revised Policy Condition |
The importer can apply for registration not earlier than 60th day and not later than 5 days before the expected date of arrival of import consignment. The Automatic Registration Number shall remain valid for a period of 75 days. Importer shall have to enter the Registration Number and expiry date of Registration in the Bill of Entry to enable Customs for clearance of consignment. |
The importer can apply for registration not earlier than 60th day and till the arrival date (Zero Day) of consignment at gateway port. The Automatic Registration Number shall remain valid for a period of 75 days. Importer shall have to enter the Registration Number and expiry date of Registration in the Bill of Entry to enable Customs for clearance of consignment. |
Effect of the Notification:
Time period for applying registration under Coal Import Monitoring System (CIMS) has been revised with immediate effect.
The Notification can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/10/Noti-34-E.pdf
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