LatestIncome Tax 27 October 2026
DGFT Updates PSIC Rules for Metallic Scrap Imports
DGFT has amended the PSIC requirements for importing metallic waste and scrap, confirming that the RoDTEP scheme will now run until December 31 and that existing customs duty rates remain unchanged. The notice also clarifies that imports cleared under ICD are exempt from additional fees.
The Directorate General of Foreign Trade (DGFT) issued a notification updating the PSIC rules for metallic scrap imports. Read full notification
- RoDTEP scheme extended to 31 Dec (no year change)
- Existing duty rates unchanged for metallic scrap
- ICD‑cleared imports exempt from extra fees
- Clarified documentation requirements for ICD clearance
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