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India exempts certain exporting units from QCOs with conditions
11 Mar '24
1 min read
Pic: Adobe Stock
Insights
- India has exempted advance authorisation holders and export-oriented units—with pre-import conditions—from mandatory quality control orders for imported goods used as raw materials for manufacturing export items.
- The unutilised imported material will be destroyed in the presence of jurisdictional goods and services tax and customs authorities.
India has exempted advance authorisation holders and export-oriented units (EOUs) from mandatory quality control orders (QCOs) for imported goods used as raw materials for manufacturing export items.
A gazette notification issued by the Directorate General of Foreign Trade (DGFT) last week said the exemption will be with pre-import conditions.
The unutilised imported material will be destroyed in the presence of jurisdictional goods and services tax and customs authorities, it noted.
Mandatory QCOs help curb the import of sub-standard products, prevent unfair trade practices and ensure the safety and well-being of consumers as well as the environment.
Fibre2Fashion News Desk (DS)
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