West indian countries

DGFT authorizes the import of metal waste and scrap from six safe countries through designated ports

DGFT authorizes the import of metal waste and scrap from six safe countries through designated ports

New Delhi, Jan 19 (KNN) The Director General of Foreign Trade (DGFT) has authorized the import of metal waste and scrap from six safe countries without a Preshipment Inspection Certificate (PSIC) is now allowed through ten designated ports according to the public notice of the Ministry of Commerce dated January 14.

The DGFT added “…Hazira Port and Kamarajar Port to the list of seaports where Pre-shipment Inspection Certificate (PSIC) is exempted in case of import of scrap metal from safe countries/regions.”

Import shipments of metal waste and scrap must be subject to a Preshipment Inspection Certificate (PSIC) from the country of origin.

Metal waste and scrap (shredded and unshredded) imported from safe countries/regions i.e. USA, UK, Canada, New Zealand, Australia and EU , will not require a PSIC if shipments are cleared through these ten (10) ports.

The rise of middle-income consumer groups in India and their increasing levels of expenditure on various products has led to a faster rise in demand from Indian import companies. India’s major imports include grains, edible oils, machinery, fertilizers and petroleum products. Total imports from India are estimated at around $187.9 billion. India is also a major importer of edible oil, sugar, pulp and paper, newsprint, raw rubber, and iron and steel.

Shipments from Chennai, Tuticorin, Kandla, JNPT, Mumbai, Krishnapatnam, Mundra, Kattupalli, Hazira and Kamarajar. these six countries/regions will be accompanied by a certificate from the supplier/breaking authority stating that it does not contain radioactive materials/explosives.

These will however be subject to radiation and explosives checks via portal monitors and container scanners at these ports.

Transshipments through these countries/regions will not be permitted at this facility. Import through the remaining eight (8) other ports (for shredded and unshredded scrap/waste), regardless of country of origin, will be subject to PSIC. (KNN/AT)


Source link