Import Policy for Marble
Posted on: 30/Apr/2015 10:14:16 AM
The marble is covered under two chapters of ITC(HS) code, 68 and 25. The import of rough marble is covered under ITC (HS) code 25151100 and 25151210 and is restricted for import. The import policy for marble under these ITC(HS) codes is issued annually. The present import policy has been notified vide Directorate General of Foreign Trade notification No.99 dated 20th November 2014 (the same is available at DGFT website – dgft.gov.in). The import of marble in finished form is covered under ITC(HS) code 68021000, 68022110, 68022120, 68022190, 68029100 and 68029200 and is ‘free’ for import provided that the minimum import price is US$60 per square meter and maximum thickness of slab is 20 mm (notification No. 100 dated 5th December 2014). This is available at DGFT website – dgft.gov.in.
The import policy of marble is issued annually after consultation with the stake holders and concerned State Governments. So far, the process of consultation for marble import policy for the year 2015-16 has not begun.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha.
