TMI BlogAmendment in import policy of Integrated Circuits (1 Cs) and incorporation of policy condition for HS Codes 85423100, 85423900, 85423200, 85429000, and 85423300, of Chapter 85 of ITC (HS), 2017, Schedule - 1 (Import Policy)X X X X Extracts X X X X X X X X Extracts X X X X ..... rtment of Commerce Directorate General of Foreign Trade Notification No. 05/2015-2020 New Delhi, Dated: 10 th May, 2021 Subject: Amendment in import policy of Integrated Circuits (1 Cs) and incorporation of policy condition for HS Codes 85423100, 85423900, 85423200, 85429000, and 85423300, of Chapter 85 of ITC (HS), 2017, Schedule - I (Import Policy). S.O. 1840 (E) - In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... circuits, or other circuits Free Free subject to compulsory registration under Chip Imports Monitoring System (CHIMS) - Subject to Policy Condition 6 of Chapter-85 85423200 Electronic integrated circuits: - - Memories Free Free subject to compulsory registration un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ree subject to compulsory registration under Chip Imports Monitoring System (CHIMS) - Subject to Policy Condition 6 of Chapter-85 2. A new Policy Condition No. 6 is being added in Chapter-85 of ITC (HS), 2017, Schedule-I (Import Policy) which reads as under: i. The Chip Imports Monitoring System (CHIMS) shall require importers to submit adva ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h effect from 01.05.2021 on trial basis. The CHIMS will be effective from 01.10.2021, i.e., for Bill of Entry filed on or after 01.10.2021, for items as listed in Notification No 05/2015- 2020 dated 10.05.2021. Accordingly, the facility of online Registration for CHIMS will be available with effect from 01.10.2021. ] 4. Effect of the Notification: Import policy of item listed above shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X
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