GST India Solution

111(RE-2010)/2009-14, Dated:18/04/2012

Indian Trade Classification(Harmonised System) of Export and Import Items, 2012 [ITC(HS),2012]

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
PART-II, SECTION-3, SUB SECTION (ii)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
NOTIFICATION No. 111(RE-2010) / 2009-14
NEW DELHI, DATED THE 18^th April, 2012.

S.O. (E)     In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 2.1 of the Foreign Trade Policy, the Central Government hereby notifies ‘Indian Trade Classification (Harmonised System) of Export and Import Items, 2012’ [ITC (HS), 2012] as enclosed in the Annexure to this Notification.

2. ITC (HS), 2012 contains ‘Schedule 1 - Import Policy’ and ‘Schedule 2 - Export Policy’. Against each item of these two schedules, the current import / export policy has been indicated; alongwith policy conditions to be fulfilled, if any.

3.      This shall come into force with immediate effect.

Effect of this Notification:
ITC (HS) 2012 is being notified incorporating the changes till now and after harmonising it with both the HS 2012 of World Customs Organisation and Tariff Schedule of Customs.

Sd/-
(Anup K. Pujari)
Director General of Foreign Trade
e-mail: dgft@nic.in

(Issued from F. No. 01/89/180/66/AM-12/PC.2A)

Annexure to the
Notification No. 111/RE(2010)/2009-2014 dated 18.4.2012

ITC(HS) Schedule-1 (Import Policy)
ITC(HS) Schedule-2 (Export Policy)

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GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

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Goods & Service Tax

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The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .