Cobalt mattes and other intermediate products of cobalt metallurgy
Cobalt mattes and intermediate products of cobalt metallurgy
HSN 8105 20 10 (Cobalt mattes and other intermediate products of cobalt metallurgy) is subject to mandatory public liability insurance under the Public Liability Insurance Act, 1991, administered by the Ministry of Environment, Forest and Climate Change (MoEF), where the imported quantity of specified hazardous substances exceeds the threshold prescribed by S.O. 227(E) dated 24-03-1992.
- Public liability insurance policy from insurer
- Hazardous substance quantity declaration from importer
- 1Before filing the bill of entry, determine whether the imported quantity of cobalt mattes or intermediate cobalt metallurgy products meets or exceeds the threshold quantities specified for hazardous substances. If the threshold is met, obtain a public liability insurance policy as required under the Public Liability Insurance Act, 1991.Public Liability Insurance Act, 1991 · S.O. 227(E) dated 24-03-1992 by MoEF
- 2Maintain documentary evidence of the insurance policy and the quantity declaration at the bill of entry stage. The proper officer may verify compliance with the PLI Act threshold before granting out-of-charge.Public Liability Insurance Act, 1991 · S.O. 227(E) dated 24-03-1992 by MoEF
The most common oversight on this tariff line is importing cobalt intermediates without first checking whether the consignment quantity crosses the PLI Act threshold — the insurance obligation is quantity-triggered, not automatic on every shipment. Importers who clear sub-threshold consignments without documenting the quantity basis leave themselves exposed to enforcement if cumulative stock at the premises later comes under inspection, as the PLI Act applies to the owner of specified hazardous substances at the point of possession, not only at the moment of importation.