DGFT Seeks Stakeholder Comments on Aligning ITC(HS) Schedule-II with Finance Act 2025 Amendments

Foreign Trade Policy • News • Statutory Scope

Schedule-II Export Policy ITC HS 2022

Trade Notice No. 04/2025-26, Dated 29-04-2025

The Directorate General of Foreign Trade (DGFT) has issued an update inviting comments on the proposed alignment of Schedule-II (Export Policy) of ITC (HS) 2022 with the amendments introduced by the Finance Act, 2025. The said amendments relate to changes in the First Schedule of the Customs Tariff Act, 1975, including revisions to Chapter Notes, HS Codes, and Product Descriptions.

In accordance with Para 1.07A of the Foreign Trade Policy (FTP), which provides for consultation with stakeholders during the formulation or amendment of Foreign Trade Policy 2023, views and suggestions are invited on the proposed changes provided in Annexure-I (Chapter Notes) and Annexure-II (HS Codes and Product Descriptions). The said annexures are attached to the present Trade Notice.

Stakeholders including exporters, industry associations, and experts are requested to submit their comments within 7 days from the date of issuance of this trade notice. Submissions may be made via email to export-dgft@nic.in.

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