All import control licenses issued under following HS codes are subjected to issue under the payment term of minimum 90-day or 180-day credit facility from on board date. The applicant should submit a letter from supplier confirming the feasibility of granting the credit facility along with the application.

 

 Petroleum Products

 HS Code

 Item

 Credit Period

 2710.19.80

 Lubricants

     90-day

   

 2713.20

 Petroleum Bitumen

 3403.19.10

 Lubricants used for motor vehicles

 3403.99.10

 Lubricants used for motor vehicles

 

Telecommunication Equipment

 HS Code

Item

Credit Period

 8443

Printers, Fax machines, Photocopy  machines

180-day

 8517

Mobile phones and communication equipment

 8525

Communication equipment

 8471

Used Computers

 9503

Remote Controlled Toys, Walky-Talky, Drones

Inclusive of all sub headings that are under license.

 

This regulation is also applicable for the extension of period of valid licenses.