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Paracetamol API is now allowed to exports - KC Notifications
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Paracetamol API is now allowed to exports

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29 May, 2020

Notification No.07/2015-2020  Dated: 28th May, 2020

Issued By. DGFT

S.O. (E) In exercise of powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes following amendment in the Chapter 29 of the Schedule 2 of the ITCHS Export Policy amending the Notification No. 50/2015-20 dated 03.03.2020 related to export Policy of Paracetamol API:

Sl. No.

ITC HS Codes

Description

Present Policy

Revised Policy

146 A

29222933

Paracetamol

Restricted

Free

Effect of this Notification : The Notification No. 50/2015-20 dated 03.03.2020 is further amended to remove restriction on export of Paracetamol APIs, making its export "free" with immediate effect.