Government Amends Import Policy: Deletion of Policy Condition No. 2 (iii) under Chapter 95 of ITC (HS), 2022 to Streamline Import Regulations

The Government of India, Ministry of Commerce & Industry, Department of Commerce, through the Directorate General of Foreign Trade (DGFT), has issued Notification No. 64/2025-26 dated 18th March, 2026, effecting an amendment in the import policy under the ITC (HS), 2022. The notification pertains to Amendment in Policy Condition No. 2 to Chapter 95 of Schedule-I (Import Policy). In exercise of the powers conferred under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with relevant provisions of the Foreign Trade Policy, 2023, the Central Government has deleted Policy Condition No. 2 (iii) under Chapter 95 of ITC (HS), 2022 – Schedule I (Import Policy) with immediate effect. This amendment simplifies the applicable policy framework by removing the specified condition, thereby streamlining import regulations under the concerned chapter.

The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2026/03/Noti-64-E.pdf

 

 

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