Paper for security printing, currency paper, stamp paper

Security printing paper, currency paper, stamp paper in rolls

HSN 4802 61 60 (Paper for security printing, currency paper, stamp paper) is classified as Restricted under the ITC (HS) import policy administered by the Directorate General of Foreign Trade (DGFT), with import permissible only under an Import Licence or through the narrow actual-user exemption under Policy Conditions 1 and 3 of Chapter 48. The licence-free route is available exclusively to the designated Note Printing Presses of the Government of India — Currency Note Press (Nasik), Bank Note Press (Dewas), both units of Security Printing and Minting Corporation of India Limited (SPMCIL), and Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) units in Mysore, Salboni and Bangalore.

1. 1
   Obtain a DGFT Import Licence before filing the bill of entry, unless the importer is one of the five named GOI Note Printing Presses entitled to the licence-free actual-user exemption under Policy Condition 1 of Chapter 48. No other entity may import under the licence-free route.
   DGFT Notification 13/2015-20 dated 12-07-2021 · ITC (HS) Policy Condition 1 of Chapter 48
2. 2
   If importing as a named GOI Note Printing Press under the actual-user exemption, submit a certificate of import signed by the head of the unit at the time of customs clearance. The consignment is bound by the actual-user condition and may not be diverted to any other entity or end-use.
   DGFT Notification 13/2015-20 dated 12-07-2021 · ITC (HS) Policy Condition 1 of Chapter 48
3. 3
   Confirm compliance with ITC (HS) Policy Condition 3 of Chapter 48 governing security printing paper specifically, which applies in addition to Policy Condition 1 for Water-Mark Bank Note paper. Both conditions must be satisfied before out-of-charge is granted.
   ITC (HS) Policy Condition 3 of Chapter 48