Weekly Trade Alert: 22 – 30 December

Alerts from the Indian Trade Portal – www.indiantradeportal.in on Tariff/Preferential Tariff/ SPS and TBT measures/GST/Export incentives/Export-Import Policy Conditions etc. during the period: 22 - 30 December, 2022 are given under. Please click on a notification for the details.

Trade Policy & Customs

• India - DGFT amends annexure-IV under Appendix-2A (Imports of Items under TRQ under India- UAE CEPA
• India - CBIC gives effect to the second tranche of tariff concessions under India Australia ECTA
• India - DGFT extends “free” status of import of Urad and Tur upto 31-03-2024
• India - DGFT notifies procedure for inclusion of TRQs under Ind-Aus ECTA
• India - CBIC gives effect to the fourteenth and final tranche of tariff concessions under India ASEAN Trade in Goods Agreement
• India - DGFT amends list of agencies authorised to issue certificate of origin (preferential) of FTP, 2015-2020
• India - DGFT notifies regarding electronic filing and Issuance of preferential certificate of origin under Ind-Aus ECTA w.e.f. 29th December 2022

GST

• India - CBIC issues clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19
• India - CBIC issues clarification on the entitlement of input tax credit where the place of supply is determined in terms of the proviso to sub-section (8) of section 12 of the Integrated Goods and Services Tax Act, 2017
• India - CBIC issues clarification regarding the treatment of statutory dues under GST law in respect of the taxpayers for whom the proceedings have been finalised under Insolvency and Bankruptcy Code, 2016
• India - CBIC prescribes manner of filing an application for refund by unregistered persons
• India - CBIC makes fifth amendment (2022) to CGST Rules

Trade Remedies

• India - DGTR notifies oral hearing in the bilateral safeguard investigation concerning imports of "Ferro Molybdenum" from South Korea under India-Korea CEPA (Bilateral Safeguard Measures) Rules, 2017
• India - DGTR publishes final findings in the CESTAT remand case in sunset review on anti-dumping investigation concerning imports of “Viscose Staple Fibre” from China and Indonesia
• India - DGTR initiates anti-dumping investigation concerning imports of "Para-Tertiary Butyl Phenol (PTBP)" from South Korea, Singapore and USA
• India - DGTR publishes sunset review investigation of anti-dumping duty on the imports of “Monoisopropylamine” from China

Agriculture

• India - FSSAI notifies regarding ease of doing business: instant modification of license - in case of addition / deletion of non-high risk standardized food products in the existing license by manufactures
• Brazil - Establishes the phytosanitary requirements for the importation of Chili and Pepper seeds
• EAC - Proposes requirements for soya milk
• Türkiye - Notifies communiqué on edible caseins and caseinates
• South Korea - Proposes amendments to border inspection regulation for fishery products

Processed Food

• India - FSSAI provides clarification with respect to rectifiable labelling information for imported food consignments
• India - FSSAI notifies related to requirement of health certificate accompanied with imported food consignments
• Canada - Proposes to amend certain regulations made under the Food and Drugs Act (Agile Licensing)
• El Salvador - Establishes requirements for the mixture of cream with oil or edible vegetable fat
• South Korea - Proposes amendments to the standards and specifications for food additives

Electronics & Engineering

• Canada - Amends the certification of flexible use broadband equipment used in fixed and/or mobile services operating in the frequency band 3450-3900 MHz
• EU - Updates the technical specifications for interoperability of locomotives and passenger coaches, freight wagons, railway infrastructure, railway energy management, railway noise
• El Salvador - Establishes the phytosanitary requirements for the import, production, conservation, certification, mobilization and commercialization of seed, vegetative material and citrus plants in nurseries and production sites
• Switzerland - Adopts the final version of the energy efficiency ordinance