July 2015 April 2015
India's Directorate General of Foreign Trade Issues Latest Revision to Foreign Policy Handbook
India's Directorate General of Foreign Trade (DGFT), acting in response to urgent and strident requests from ISRI, the BIR, and the Metals Recycling Association of India (MRAI), has issued another change to its recently revised Handbook of Procedures for Foreign Trade Policy that for all intents and purposes allows for self-inspection and certification of shipments of processed scrap metal to India. This most recent change should result in less burdensome requirements for exporters of scrap metal to India. In essence, exporters of scrap metal that has been shredded, cut sheared, rotor sheared, briquetted, baled, bundled, or is in the form of turnings, borings, granules, or nodules may ship such materials to certain specified ports in India (Cochin, Ennore, Goa, Haldia, Jawaharlal Nehru Port Trust (JNPT), Kolkata, New Mangalore, Tuticorin, and Visakhapatnam) without obtaining a Pre Shipment Inspection Certificate (PSIC) from a third party Pre Shipment Inspection Agency (PSIA) so long as certain requirements are met.
Public Notice No.05/2015-20 New Delhi DATED 10th APRIL 201 February 2014
Keeping in abeyance the provisions of para 2.55 and 2.56 of Handbook of Procedures, 2015-20.
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade.
Latest List of Pre-shipment Inspection Companies for Scrap Going to India
Although India does not have a complicated licensing scheme (like the Chinese AQSIQ system) the government of India does require pre-shipment inspection for certain types of materials. And, also unlike China, India has approved a whole host of pre-shipment inspection entities located around the world meaning that scrap shippers are not confronted with the monopolistic and often subjective inspection activities like those of CCIC which is the only authorized inspection agency in many locations around the world.
The latest list of Pre-Shipment Inspection Agencies (PSIA) approved by The Directorate General of Foreign Trade (DGFT), New Delhi, for inspecting and certifying all shipments of all metal scrap to India was recently released.
For more information regarding pre-shipment inspections for exports to India, please contact Scott Horne.