+
No PSIC needed for metallic scrap import from 6 safe nations : DGFT
WATER & WASTE

No PSIC needed for metallic scrap import from 6 safe nations : DGFT

The Director-General of Foreign Trade (DGFT) has informed that the import of metallic waste and scrap from six safe nations without Pre-shipment Inspection Certificate (PSIC) is now allowed from 10 designated ports.

In the practice of powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy, 2015-2020, the Director-General of Foreign Trade amended Para No. 2.54 (d)(v)(iv)of the Handbook of Procedures 2015-2020 by adding Hazira Port and Kamarajar Port to the list of seaports where Pre-shipment Inspection Certificate (PSIC) is exempted in case of metallic waste import coming from safe nations or areas.

Metallic waste and scrap import consignments shall be subject to a PSIC from the nation of origin. However, metallic waste and scrap (both shredded and unshredded) imported from safe nations or areas i.e. the UK, the USA, Canada, Australia, the EU and New Zealand will not need PSIC if consignments are approved through these ten ports namely, Tuticorin, Mundra, Hazira, Chennai, Kandla, Mumbai, JNPT, Krishnapatnam, Kamarajar and Kattupalli. Consignments from these six nations or areas will be accompanied by a certificate from the supplier or scrap yard authority to the effect that it does not include any radioactive materials or explosives. These will yet be subject to radiation and explosive checks via portal monitors and container scanners at these ports.

Trans-shipments via these nations or areas will not be permitted at this facility. Import via the remaining eight other ports (for both shredded and unshredded scrap or waste), irrespective of the nation of origin, will be subject to PSIC.

Image Source

Also read: Adani Ports scraps plan to develop container terminal in Myanmar

The Director-General of Foreign Trade (DGFT) has informed that the import of metallic waste and scrap from six safe nations without Pre-shipment Inspection Certificate (PSIC) is now allowed from 10 designated ports. In the practice of powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy, 2015-2020, the Director-General of Foreign Trade amended Para No. 2.54 (d)(v)(iv)of the Handbook of Procedures 2015-2020 by adding Hazira Port and Kamarajar Port to the list of seaports where Pre-shipment Inspection Certificate (PSIC) is exempted in case of metallic waste import coming from safe nations or areas. Metallic waste and scrap import consignments shall be subject to a PSIC from the nation of origin. However, metallic waste and scrap (both shredded and unshredded) imported from safe nations or areas i.e. the UK, the USA, Canada, Australia, the EU and New Zealand will not need PSIC if consignments are approved through these ten ports namely, Tuticorin, Mundra, Hazira, Chennai, Kandla, Mumbai, JNPT, Krishnapatnam, Kamarajar and Kattupalli. Consignments from these six nations or areas will be accompanied by a certificate from the supplier or scrap yard authority to the effect that it does not include any radioactive materials or explosives. These will yet be subject to radiation and explosive checks via portal monitors and container scanners at these ports. Trans-shipments via these nations or areas will not be permitted at this facility. Import via the remaining eight other ports (for both shredded and unshredded scrap or waste), irrespective of the nation of origin, will be subject to PSIC. Image Source Also read: Adani Ports scraps plan to develop container terminal in Myanmar

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?