DGFT changes PSIC rules for metallic waste imports
In short
DGFT changed the PSIC requirements for metallic waste and scrap imports. The summary says the exemption for scrap from designated safe countries now covers 11 ports and ICD clearances, but not transshipment cargo.
This matters for importers handling scrap shipments. The report does not give the full list of affected ports or say how many businesses will be affected.
What the reporting says
The DGFT amended PSIC requirements for metallic waste and scrap imports and clarified an exemption for ICD clearance. Taxscan’s summary says the exemption for scrap imports from designated safe countries was extended to 11 ports and ICD clearances, while transshipment cargo remains excluded. The immediate effect is a narrower compliance change for importers, but the full notification details are not stated in the available reporting.
Why it matters
DGFT amended the PSIC requirements for metallic waste and scrap imports and clarified how the exemption applies to ICD clearance. According to the publisher summary, the exemption for scrap from designated safe countries was extended to 11 ports and ICD clearances, but transshipment cargo is excluded. The available reporting does not name the notification number or explain the operational impact beyond importer compliance.