Attached herewith Notification No.55/2023 dated 03.01.2024 issued by DGFT regarding Amendment in Import Policy and Policy condition of Screws covered under HS code 7318 of Chapter 73 of Schedule –I (Import Policy) of ITC (HS) 2022 in India
as per this notification now any import of screws must have minimum value of CIF (cost,insurance, freight) Rs 129/ kgs