Govt plans restrictions on imports of products categorised as 'others'

Govt plans restrictions on imports of products categorised as 'others'

Concerned over the rise in imports in the ‘others’ category, Commerce and Industry Minister Piyush Goyal on Wednesday asked those importers to seek HSN or tariff code within 30 days from the foreign trade office, failing which the government would impose strong restrictions on their inbound shipments. In trade parlance, every product is categorised under an HSN code (Harmonised System of Nomenclature). Goyal said India is facing "big" problem in imports of a category called "others" and in that category, all sorts of stuff is being imported into the country.

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