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Law Updates

DGFT Amends Import Policy to Match Finance Act 2025

Department: Directorate General of Foreign Trade (DGFT)

Authority: Ministry of Commerce & Industry

2025-10-31

The Ministry of Commerce and Industry has issued a new DGFT notification on 15 October 2025 to align the ITC (HS) 2022 Schedule-I (Import Policy) with the Finance Act 2025. This update ensures that all import classifications and policy conditions match the latest legal and financial framework. The notification introduces a new Policy Condition No. 07 in Chapters 29 and 38, stating that the import of pesticides will now require a valid Certificate of Registration from the Central Insecticides Board & Registration Committee (CIB&RC) under the Ministry of Agriculture & Farmers Welfare. Imports must also comply with the Insecticides Act, 1968.

The notification also includes amendments such as inserting, deleting, splitting, merging, and revising ITC (HS) codes, along with updates to section notes, chapter notes, and product descriptions. These changes aim to simplify trade, ensure regulatory harmony, and enhance import compliance. The revised ITC (HS) 2022 Import Policy is now available on the DGFT website and is effective immediately.