Floating or submersible drilling or production platforms
Floating or submersible drilling or production platforms
HSN 8905 20 00 (Floating or submersible drilling or production platforms) is subject to the ITC (HS) import policy administered by the Directorate General of Foreign Trade (DGFT), with import governed by Policy Conditions 1, 2, 3, 4 and 5 of Chapter 89. Each policy condition must be satisfied before the bill of entry can be granted out-of-charge.
- Policy condition compliance from DGFT
- Import declaration to CBIC
- 1Verify compliance with each of Policy Conditions 1, 2, 3, 4 and 5 of Chapter 89 of the ITC (HS) Schedule before filing the bill of entry. Each condition carries independent operative requirements; failure to satisfy any single condition renders the import non-compliant under the ITC (HS) Restricted-import regime.ITC (HS) Import Policy, Chapter 89, Policy Conditions 1, 2, 3, 4 and 5
- 2File the bill of entry with the documentary evidence of compliance with all applicable Chapter 89 policy conditions. The customs proper officer will verify the policy-condition declarations before granting out-of-charge.ITC (HS) Import Policy, Chapter 89
The most common error on this tariff line is treating Chapter 89 policy conditions as a single bundled clearance rather than five independently operative requirements. An importer who satisfies conditions 1 through 4 but overlooks condition 5 — or who submits documentation addressing only the commercial transaction without addressing each condition in sequence — faces consignment detention and demurrage at port until the outstanding condition is demonstrated to customs.