Here are the key highlights from the DGFT’s Policy Circular No. 08/2025-26 regarding the Import Management System for restricted IT hardware:
- Mandatory Import Authorization: Importers must apply for Import Authorization under the IMS through the DGFT portal for restricted IT hardware imports during the Calendar Year 2026.
- Application Window: The IMS application portal is open from December 22, 2025, to December 15, 2026, allowing importers to submit multiple applications as needed.
- Validity and Amendments: Import Authorizations will be valid until December 31, 2026, and importers can request amendments to their authorization during its validity period, with DGFT retaining the right to modify or withdraw the procedure at any time.
Source Gaba & Co
Latest Posts in "India"
- Industry Threatens Strike from January 15 Over Delayed GST Refunds
- Gujarat HC: Transfer of Industrial Leasehold Rights Not Taxable Under GST
- Kerala HC: IGST Credit in Electronic Ledger Can Offset CGST, SGST Liabilities and Vice Versa
- Gujarat HC: Refund of Compensation Cess ITC Allowed on IGST-Paid Exports, Statute Prevails
- GST Refund on Ocean Freight Not Barred by Limitation: Andhra Pradesh HC in Louis Dreyfus Case
