Bank, bond and cheque paper
Bank, bond and cheque paper (security printing paper)
HSN 4802 56 50 (Bank, bond and cheque paper) is subject to the ITC (HS) Restricted-import policy administered by the Directorate General of Foreign Trade (DGFT), with import permitted only in accordance with Policy Condition No. 3 of Chapter 48 of the ITC (HS) Schedule governing security printing paper.
- Import authorisation from DGFT
- Policy Condition No. 3 compliance declaration
- 1Verify that the import satisfies the conditions prescribed under ITC (HS) Policy Condition No. 3 of Chapter 48 before filing the bill of entry. This tariff line is Restricted; import without the requisite authorisation exposes the consignment to detention and confiscation under the Foreign Trade (Development and Regulation) Act, 1992.ITC (HS) Import Policy, Policy Condition No. 3 of Chapter 48
- 2Obtain the applicable DGFT import authorisation covering the category and quantity of security printing paper and upload all supporting documents in e-Sanchit before seeking customs out-of-charge. Confirm the authorisation is current and its scope covers bank, bond and cheque paper specifically.ITC (HS) Import Policy, Policy Condition No. 3 of Chapter 48
The most common error on this tariff line is treating it as a generic uncoated paper import and filing the bill of entry under the Free-import track. Bank, bond and cheque paper is classified as security printing paper and is Restricted; absence of a DGFT import authorisation at the time of filing results in consignment detention and, absent prompt regularisation, confiscation. Policy Condition No. 3 of Chapter 48 governs the precise eligibility criteria — confirm compliance before vessel departure.