Summary
- The Directorate General of Foreign Trade has amended the PSIC exemption rules for metallic scrap imports through Public Notice No. 35/2026-27 dated October 21, 2026.
- Metallic waste and scrap from designated safe countries, including the USA and EU, can now bypass the PSIC requirement if specific conditions are met.
- Exemptions apply only to consignments entering through eleven specified sea ports, with mandatory checks for radioactive materials and explosives.
- This amendment facilitates Customs clearance at both entry ports and Inland Container Depots, potentially streamlining import processes for traders.
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