Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
To
1. Members of Trade and Industry
2. All EPCs /Trade and Industry Associations/Other Industry Bodies
3. All Regional Authorities (RAs) of DGFT
4. Customs Commissionerates
5. Joint Secretary (Customs), CBIC, Deptt. of Revenue
Subject: Discontinuation of Safeguard measures on import of Isopropyl alcohol (IPA), under Chapter 29 of ITC (HS) 2022, Schedule - I (Import Policy) - regarding.
Reference is invited to DGFT Notification No. 64/2015-20 dated 31.03.2023 and Public Notice No. 04/2015-20 dated 11.04.2023 whereby country-wise Quantitative Restrictions(QR) on import of IPA was notified, for a period of one year i.e. 2023-24, effective from 01.04.2023 upto 31.03.2024, subject to any review by the Government at any point of time, as deemed fit.
2. Through Para 5 of the said Notification dated 31.03.2023, it was clearly mentioned that " the country-wise quantitative restrictions shall be effective for a period of one year only and will cease automatically on 31.03.2024. However, there are inquiries from the trade & industry and other agencies regarding official termination of the said safeguard measures on IPA.
3. Accordingly, it is informed that country-wise QR measures imposed on import of Isopropyl alcohol (IPA) under HS code 29051220, in terms of Notification No. 64/2015-20 dated 31.03.2023, have discontinued wef 01.04.2024 and import of IPA is now "Free" without any Policy Condition.
This issues with the approval of the competent authority
(Sanjay Kumar Tiwari)
E-mail: sanjay.kt@nic.in
(Issued from File No. 01/89/180/Misc-3/AM-04/PC-2[A]/E-1877)