Govt places import curbs on sure waste, scrap of valuable metals

Sharing is caring!

The federal government has restricted the imports of sure waste and scrap of valuable metals, in line with a notification of the commerce ministry.

Imports of these things had been free earlier. Now, it has been put underneath a restricted class, which implies an importer should search a license or permission from the directorate common of overseas commerce (DGFT) to import these items.

The products embody ash containing valuable steel or valuable steel compounds; of platinum, together with steel clad with platinum however excluding sweepings containing different valuable metals; and different sweepings containing gold or silver.

The DGFT amended the import coverage for ash containing valuable steel or valuable steel compounds, together with gold, platinum and silver, to “restricted” from “free”.

“Import coverage…has been revised from Free to Restricted with speedy impact,” the DGFT has mentioned in a notification.

India’s imports of those items in April-February FY22 had been USD 36.6 million as towards USD 72 million in 2020-21.

Vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident
Lexie Ayers
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

The most complete solution for web publishing

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Tags

Share this post:

Share on facebook
Share on twitter
Share on pinterest
Related Posts

Leave a Reply

Your email address will not be published.

sixteen − thirteen =

Go Get Money is a place covering all the field which includes Money,Insurance,Industry,Finance and many more. it is covering every sector from top to bottom. Go Get Money is one of the best websites for blogging where you get relevant info to grow your skill level.Today right Information at right time is very important with the ease as well. People are searching for website where they get every big to minute detail. gogetmoney.net is a blogging website covering all the Information of every filed from top to bottom.