India altered its import policy regarding threaded screws traded under Indian tariff schedule codes 73181110, 73181190, 73181200, 73181300, 73181400, 73181500 and 73181900, the Director General of Foreign Trade announced. The import policy was changed from "Free" to "Prohibited," though the goods will be allowed to enter India if their cost, insurance and freight values are above approximately $1.55 per kg.
The Census Bureau on Jan. 2 updated its tables of Schedule B and Harmonized Tariff Schedule codes that are no longer valid for the Automated Export System to reflect changes made to the codes for 2024, the agency said in an email to industry. AES will accept shipments with outdated codes during a 30-day grace period that began when the codes expired Dec. 31, Census said. Reporting an outdated code after the grace period will “result in a fatal error.”