Complete assistance for registration and compliance with the Non-Ferrous Metals Import Monitoring System
The Non-Ferrous Metals Import Monitoring System (NFMIMS) is a government initiative designed to monitor and regulate the import of non-ferrous metals into India. It requires importers to register and provide advance information about their metal imports, helping the government to maintain quality standards, ensure supply chain security, and protect domestic industry from unfair trade practices.
As per the Non-Ferrous Metals Import Monitoring System, importers are required to submit advance information in an online system for import of specified non-ferrous metals and obtain an automatic registration number by paying registration fee of Re. 1 per thousand, subject to minimum of Rs. 500/- and maximum of Rs. 1 lakh on CIF value.
The Non-Ferrous Metals Import Monitoring System (NFMIMS) was introduced by the Ministry of Commerce and Industry, Government of India, to enhance transparency in non-ferrous metal imports and strengthen the monitoring mechanism. The system was implemented to provide advance information about metal imports to the government and other stakeholders to facilitate effective trade measures and support the domestic metal industry.
The NFMIMS portal was launched to make registration mandatory for all importers of non-ferrous metals covered under specific HS codes. The system aims to:
The Non-Ferrous Metals Import Monitoring System is governed by the following legal provisions:
NFMIMS covers non-ferrous metals classified under the following HS codes:
Chapter | Product Category | HS Codes |
---|---|---|
74 | Copper and articles thereof | 7401 to 7412 |
75 | Nickel and articles thereof | 7501 to 7508 |
76 | Aluminum and articles thereof | 7601 to 7616 |
78 | Lead and articles thereof | 7801 to 7806 |
79 | Zinc and articles thereof | 7901 to 7907 |
80 | Tin and articles thereof | 8001 to 8007 |
The products covered under NFMIMS include but are not limited to:
Copper Products
Aluminum Products
Nickel Products
Other Non-Ferrous Metals
The registration process for NFMIMS involves the following steps:
Register on the NFMIMS portal with valid credentials including IEC details, email, and mobile number. Verify your account through OTP authentication.
Provide complete information about the non-ferrous metals being imported, including:
Pay the required fee calculated at Re. 1 per thousand of CIF value (minimum Rs. 500, maximum Rs. 1 lakh) through online payment gateway using net banking, credit/debit card, or UPI.
Upon successful payment, an Automatic Registration Number (ARN) is generated, which is valid for 75 days from the date of registration. The ARN is required for customs clearance.
Present the ARN during customs clearance. The Bill of Entry (BOE) number must be updated in the NFMIMS portal within 15 days of obtaining the ARN for validation by customs authorities.
Importers may face several challenges while complying with NFMIMS requirements:
The Non-Ferrous Metals Import Monitoring System plays a crucial role in India's metal industry strategy and has several strategic implications:
Find answers to common questions about Non-Ferrous Metals Import Monitoring System
We provide comprehensive assistance for all your Non-Ferrous Metals Import Monitoring System requirements, ensuring smooth compliance and hassle-free imports.
Complete assistance with the registration process on the NFMIMS portal, including account creation and documentation.
Expert assistance with preparing and submitting all required technical documents for NFMIMS compliance and customs clearance.
Professional guidance on NFMIMS regulations, compliance requirements, and best practices for non-ferrous metal importers.
Efficient handling of Automatic Registration Number (ARN) applications and processing to ensure timely approvals.
Assistance with quality verification and certification requirements for non-ferrous metals and metal products.
Support with calculating and processing registration fees based on CIF value as per NFMIMS requirements.
Continuous monitoring of NFMIMS compliance status and timely updates to prevent any regulatory issues.
Comprehensive assistance throughout the entire import process, from NFMIMS registration to customs clearance.
Training sessions and educational resources for importers to understand NFMIMS requirements and procedures.
With years of experience in import-export consultancy, we offer reliable and efficient services for all your NFMIMS requirements.
Our team includes metal industry experts with in-depth knowledge of non-ferrous metals, their specifications, and related regulations.
We ensure prompt service delivery to avoid delays in your import processes, critical for time-sensitive metal shipments.
We ensure 100% compliance with all NFMIMS regulations, minimizing the risk of penalties or import restrictions for your metal imports.
We provide customized solutions based on your specific import requirements, metal specifications, and business needs.
Our streamlined processes ensure quick turnaround times for NFMIMS registration and documentation, reducing your administrative burden.
Our extensive experience in the metal industry gives us unique insights into the import requirements and challenges for non-ferrous metals.
Get in touch with our experts for comprehensive support with Non-Ferrous Metals Import Monitoring System