Import Conditions Revised for Roller Chains – ITC(HS) Chapter 73 of (HS).

The Directorate General of Foreign Trade (DGFT) has issued a fresh Statutory Order (S.O.) that directly impacts the import of specific items classified under Chapter 73 of the ITC (HS), 2022 – Schedule I (Import Policy). The amendment pertains to roller chains and their parts, which are commonly used in industrial, automotive, and mechanical applications.

Legal Backing

The notification is issued under the authority granted by:

• Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992
• Paragraphs 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended.

Table

Key Takeaway

The import of roller chains and parts thereof under ITC(HS) codes 73151100, 73151900, and 73159000 is now classified as ‘Restricted’ if the CIF (Cost, Insurance, and Freight) value is below ₹235 per kilogram.

📌 Implications for Importers

1. Policy Shift: Imports that were previously freely allowed under these HS codes will now require an import license from the DGFT if the CIF value is below the specified threshold.
2. Valuation Vigilance: Importers must ensure documentation reflects accurate CIF value to avoid clearance delays.
3. Impact on Low-Cost Imports: Suppliers offering below-threshold pricing may be subject to scrutiny, or their shipments may require additional approvals.
4. Compliance Check: Companies dealing in industrial chains should immediately review their import contracts and supplier pricing.

Notification Reference: DGFT
Notification No.13/2025-26
26/05/2025