Trademark - Ad interim injunction order is not warranted in case of two competing cancer drugs whose name are derived from combining publici juris & whose consumer are doctors & not laymen: HC (See 'Legal Desk') Companies Act, 2013 - High Court u/s 339 is vested with powers to provide relief of interim protection to creditors from alienation of properties belonging to company undergoing liquidation : HC (See 'Legal Desk') Gowda launches 'APNA UREA - Sona Ugle' brand of HURL (See 'Corp Brief') NITI Aayog, Ladakh ink MoU for infra development (See 'Corp Brief') Guidelines for rights issue of units by a listed Infrastructure Investment Trust (InvIT) (See 'Dashboard') Guidelines for rights issue of units by a listed Real Estate Investment Trust (REIT) (See 'Dashboard') Format for Statement indicating Deviation or Variation in the use of proceeds of issue of listed non-convertible debt securities or listed non-convertible redeemable preference shares (NCRPs) (See 'Dashboard') China’s Great Wall Motors acquires General Motors Talegaon plant for an undisclosed sum Piramal to sell healthcare insights & analytics business to Clarivate Analytics for USD 950 mn Reliance Communications insolvency: Chinese creditors to delay vote due to New Year from January 25 GeM Samvaad - Users share feedback & inputs (See 'Corpbrief') Exemption from clubbing of investment limit for foreign Government agencies and its related entities (See 'Dashboard') IBC - Liquidation of corporate debtor is preferable if no resolution plan gets acceptance of committee of creditors within time allotted for insolvency process : NCLT (See 'Legal Desk') IBC - If Promoters of corporate debtor fails to avail benefit of being MSME within due time of EoI, Resolution Professional or NCLT cannot be expected to go for fact finding exercise to uncover correct classification of insolvent: NCLAT (See 'Legal Desk') IBBI amends Voluntary Liquidation Process Regulations, 2020 (See 'Corp Brief') Options in Goods - Product Design and Risk Management Framework (See 'Dashboard') Norway looks for possible projects to invest in India (See 'Corp Brief') DCGI approves Wockhardt's antibiotic EMROK in Intravenous & oral forms to treat superbug infections Hinduja Group pulls out from race to acquire Jet Airways; only Synergy Group & Prudent ARC Ltd remains ED summons Air Asia CEO Tony Fernandes on January 20 under PMLA IBBI - Voluntary Liquidation Process - Amendment Regulations, 2020 (See 'Dashboard') IBBI - Govt amends Salary, Allowances and other Terms and Conditions of Service of Chairperson and members Amendment Rules, 2020 (See 'Dashboard') PMLA - If handing over of money laundering case to another counsel is feasible within time, appeal cannot be restored after dismissal for non appearance beyond period prescribed or time allotted: Tribunal (See 'Legal Desk') IBC - Suspension of board of corporate debtor & takeover by Interim Resolution Professional happens without service of order by NCLT or without uploading the order in NCLT website, HC can step in & issue certiorari to set aside admission of insolvency petition: HC (See 'Legal Desk') Budget 2020 - What may cheer up Taxpayers & also FM? (See 'THE COB(WEB)' in TIOL) Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions, 2018 - Amendment (See 'Dashboard') House Panel invites inputs on Industrial Relations Code, 2019 (See 'Corp Brief') PCRA to hold mega campaign on fuel conservation from Jan 16, 2020 (See 'Corp Brief') Jeff Bezos: Amazon will export USD 10 bn Make in India goods by 2025

Only 407 tariff lines restricted for import: Puri

Published: Jul 17, 2019

By TIOLCORPLAWS News Service

NEW DELHI, JULY 17, 2019: THE Union MoS for Commerce & Industry, Mr Hardeep Singh Puri, today in Parliament stated that import policy for most goods is "Free". Out of more than 11,500 tariff lines only 407 tariff lines are “Restricted” for import. Licenses are issued for import of “Restricted” items. Import from China takes place under the same rules, regulations and guidelines as it takes place from any other country of the world, subject to other domestic laws.  The details of the licenses issued for items categorised as ‘Restricted' as per the import policies in the last three years and licenses where the importer has indicated the country of origin specifically China is as under: -

S.No.

Year of Import

Total number of licenses issued

 Total number of licenses where the country of import is indicated as China

1.

2016-17

500

29

2.

2017-18

429

22

3.

2018-19

558

38

4.

2019-20 (June2019)

115

05

 

Total

1602

94

The efforts to prevent import of fake /counterfeit/sub-standard goods is an ongoing process. Under the Foreign Trade Policy, legal provisions exist to protect the Indian consumers and producers, as imported goods are subject to the same domestic laws, rules, orders, regulations, technical specifications, environmental, and safety norms. The BIS standards applicable to domestic goods are also applicable to imported goods.

Central Board of Indirect taxes and Customs (CBIC) has taken a number of measures to prevent the import of counterfeit products in India, which include -

Notification No.51/2010-Customs (N.T.) dated June 30, 2010 as amended vide notification No. 57/2018-Customs(N.T.) dated June 22, 2018 was issued to prohibit import of goods for sale or use in India, which are covered under specified legal provisions of the following statutes that regulate products with false trade mark, fraudulent or obvious imitation of design and false Geographical indication or product which infringe registered copyright.

Trade Marks Act, 1999;

Copyright Act, 1957;

Designs Act, 2000;

Geographical Indications of Goods (Registration and Protection) Act, 1999; and

The Intellectual Property Rights (Imported Goods) Enforcement Rules 2007 notified vide notification No. 47/2007-Customs (N.T.) dated May 08, 2007, as amended vide notification No. 56/2018-Customs (N.T.) dated June 22, 2018 lays down a detailed procedure to be followed by the right holders or their authorized representatives as also by the Customs for seeking suspension of release of suspect imported goods.

Indian Customs has put in place a web-based Intellectual Property Rights module viz.  Automatic Recordation and Targeting for IPR Protection (ARTS), for effective administration of the legal measures. ARTS has been integrated with the Indian Customs Risk Management System for targeting import of counterfeit and pirated goods (http//ipr.icegate.gov.in). The holders of Intellectual property rights registered and valid in India can record their Intellectual Property Rights with Customs, following the legal provisions for protection of their IPRs against imports of infringing goods. 

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