Importers of newsprint and a range of other paper products such as handmade paper, wallpaper base, carbon paper and toilet paper will now have to compulsorily register under the government's 'Paper Import Monitoring System' in a motility aimed at checking the dumping of such items in the domestic market.

"The import policy of major paper products has been amended from 'Free' to 'Free subject area to compulsory registration under Paper Import Monitoring System'. A notification to this consequence has been issued past the DGFT yesterday," according to a press statement circulated by the Commerce & Industry Ministry on Thursday. Online facility of registration for importers volition be bachelor from July 15.

Some exemption

Newspaper products similar currency paper, banking concern bond and bank check paper, security printing paper, etc. have been excluded from this policy modify. The move will as well promote Brand In Bharat and Aatmanirbhar in this category, the statement added.

"The domestic paper industry has been raising issues of dumping of paper products in the domestic market place by way of under-invoicing, entry of prohibited appurtenances by mis-declaration, re-routing goods through other countries in lieu of trade agreements. A large proportion of paper products are imported under 'Others' category tariff lines," it observed.

Implementation process of Paper Import Monitoring System (PIMS) has been made user-friendly, the release said.

Importers tin can get an automatic registration number online by paying a registration fee of ₹500. "The importer can apply for registration not earlier than 75th twenty-four hour period and not later on than 5th day before the expected date of arrival of import assignment. The automated registration number thus granted shall remain valid for a period of 75 days," the release said. Multiple Bills of Entry shall exist allowed in the same registration number within the validity period of registration for the permitted quantity.

Published on

May 26, 2022