Paper for security printing, currency paper, stamp paper
Security printing paper, currency paper, stamp paper in rolls
HSN 4802 55 70 (Paper for security printing, currency paper, stamp paper) is subject to Restricted-import status under the ITC (HS) policy administered by the Directorate General of Foreign Trade (DGFT), governed by Policy Conditions 1 and 3 of Chapter 48. Watermark bank note paper may be imported without an import licence exclusively by designated Government of India note-printing presses — Currency Note Press Nasik, Bank Note Press Dewas (both SPMCIL units), and Bharatiya Reserve Bank Note Mudran Private Ltd units — subject to an actual-user condition and a certificate from the head of unit.
- Import Licence from DGFT
- Head-of-unit certificate from SPMCIL or BRBNMPL
- Actual-user condition declaration to CBIC
- 1Verify whether the importing entity is one of the five authorised note-printing presses (Currency Note Press Nasik, Bank Note Press Dewas, BRBNMPL Mysore, BRBNMPL Salboni, BRBNMPL Bangalore). All other importers must obtain a DGFT Import Licence before filing the bill of entry, as this CTI carries Restricted-import status under Policy Condition 1 of Chapter 48.DGFT Notification 13/2015-20 dated 12-07-2021 · ITC (HS) Policy Condition 1 of Chapter 48
- 2If importing as a designated SPMCIL or BRBNMPL unit, obtain and upload a certificate of import signed by the head of the unit, confirming the actual-user condition. This certificate substitutes the Import Licence and must be available for customs verification at out-of-charge.DGFT Notification 13/2015-20 dated 12-07-2021 · ITC (HS) Policy Condition 1 of Chapter 48
- 3Confirm compliance with ITC (HS) Policy Condition 3 of Chapter 48, which governs the import of security printing paper specifically. File the bill of entry at an appropriate customs station with the applicable policy-condition declarations in place.ITC (HS) Policy Condition 3 of Chapter 48
The most common error on this tariff line is assuming that the watermark bank note paper carve-out extends to all security printing paper categories. Policy Condition 1 permits licence-free import of watermark bank note paper only for the five named government presses; security printing paper more broadly is governed by the separate Policy Condition 3, and an importer conflating the two carve-outs risks detention and Restricted-import enforcement — including potential confiscation — for importing without a valid DGFT licence.