Import of worn clothing – Policy Restrictions.
AS per the Schedule - 1 to the ITC( HS) Classification, import of Worn clothing and other worn articles under Exim Code 6309 00 00 was ‘restricted' subject to Import Licencing Note 1 to the chapter which read as, Units in the Special Economic zone will be allowed to sell worn clothing in the Domestic Tariff Area to the extent of 15% of the cif value of imports made in the previous year.
Now this note is removed. What does it mean? DGFT will clarify, hopefully soon.
DGFT Notification No. 43 /2009-2014, Dated: May 19, 2010