Policy circular-Clarification regarding Non-Ferrous Metal Import Monitoring System (NFMIMS) (dated-27.07.2022) – DGFT.

• 28th, July 2022
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Policy circular-Clarification regarding Non-Ferrous Metal Import Monitoring System (NFMIMS) (dated-27.07.2022) – DGFT.

• Subsequent to  the  issuance  of  DGFT  Notification  61/2015-2020  dated  31.03.2021  amending  the  import policy  of  items  of  copper  (Annexure-I  to  DGFT  Notification  No.61/2015-2020) falling  in  Chapter-74  of  ITC  (HS)  and items  of  Aluminium  (Annexure-II  to  DGFT  Notification  No.61/2015-2020)  fallingin  Chapter-76  of  ITC  (HS)  from ‘Free’  to  ‘Free  subject  to  compulsory  registration  under  Non-Ferrous  Metal  Import  Monitoring  System  (NFMIMS)’, DGFT  has  received  various  representations from  members of  Trade  &  Industry seeking  clarification  on  NFMIMS.
• The issues were  referred  to  Mio  Mines and  based  upon  the  clarification  received,  responses thereto  are  given, refer attachment for further details.