The Directorate General of Foreign Trade (DGFT) on April 02, 2026, issued a notification regarding Amendment in Import Policy and Policy conditions of items covered under Chapter 71 of ITC (HS) 2022, Schedule-I (Import Policy).
The following has been stated: -
•The Import Policy and Policy Condition of items as mentioned above covered under Chapter 71 of ITC HS, 2022, Schedule-I (Import Policy)is revised as mentioned above with immediate effect.
•These restrictions shall apply notwithstanding Para 1.05(b) of FTP 2023 and shall operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment whatsoever.
•Accordingly, the benefit of transitional arrangements shall not be available.
The detailed notification is given in the document below.
[Notification No.: 03/2026-27]
