Amendment in Import Policy Condition of ATS-8

The Central Government has notified amending the import policy condition of ATS-8 covered under Chapter 29 of ITC (HS), 2022, Schedule - I. Using powers under Section 3 and 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with the Foreign Trade Policy (FTP) 2023, the import rules for ATS-8 have been revised with immediate effect.

According to the amendment, the minimum import price (MIP) condition will not apply to advance authority holders, export oriented units (EOUs) and special economic zone (SEZ) units, provided that the imported material is not sold in the domestic tariff area (DTA).

The effect of this notification is that imports of ATS-8 (4R-Cis)-1, 1-Dimethylethyl-6-cyanomethyl-2, 2-dimethyl-1-3-dioxane-4-acetate, priced at less than USD111 per kg, are classified as 'restricted' until 30 September 2026. However, authorized manufacturing and export-focused units remain exempt from this condition.

This amendment, approved by the Minister of Commerce and Industry, balances trade regulation with support for export-oriented operations.