DGFT Notification: New Import Policy for Laboratory Chemicals 2024

The Directorate General of Foreign Trade (DGFT) has issued a significant update regarding the import of laboratory chemicals. As per the latest DGFT Notification, the import policy for items under ITC (HS) 9805 has been refined to ensure better monitoring of chemical precursors and high-purity reagents used in research and industrial development. This move is aimed at balancing the ease of doing business for educational institutions while maintaining security oversight on dual-use substances. ## What this means for exporters and manufacturers For Indian chemical manufacturers and R&D units, this update requires a shift in procurement planning. Importers must now ensure that their shipments strictly comply with the revised 'Free' or 'Restricted' classifications based on the specific chemical composition. Under the revised norms, documentation must clearly distinguish laboratory-grade reagents from industrial bulk chemicals to avoid custom clearance delays. We recommend that MSMEs review their current SION and import authorizations to align with these refined headings. Furthermore, ensuring that your Bill of Entry reflects the specific chemical nomenclature as per the new DGFT guidelines is critical for maintaining a clean compliance record and avoiding penalties under the Foreign Trade (Development and Regulation) Act.