Import Monitoring System (IMS)
Indian government has established the Import Monitoring system (IMS), which offers comprehensive details regarding various imported products to both the government as well as relevant stakeholders. This initiative aims to enhance Indian manufacturing capabilities and promote domestic production of these goods within the country.
Types of Import Monitoring Systems
The Chip Imports Monitoring System (CHIMS) is for the import policy of Integrated Circuits (5 HS Codes) and shall be subject to CHIMS registration with effect from 01st Aug 2021. Import Policy condition of ITC (HS) 85423100, 85423900, 85423200, 85429000, and 85423300 was revised from ‘free’ to ‘free subject to compulsory registration under Chip Import Monitoring System (CHIMS) which means the above-mentioned five HSN code required compulsory registration with effect from 1-08-2020.
Further, Chip Import Monitoring System (CHIMS) shall require importers to submit advance information in an online system for the import of the above items. On submission of online data/information, the system will generate an automatic unique Registration Number. No manual documents are to be submitted to any public authority for this purpose. Also, a registration fee of Rs. 1 per thousand subjects to a minimum of Rs.100/− and a maximum of Rs 500/- on aggregate CIF value of imports will need to be paid.
Further, Chip Import Monitoring System (CHIMS) shall require importers to submit advance information in an online system for the import of the above items. On submission of online data/information, the system will generate an automatic unique Registration Number. No manual documents are to be submitted to any public authority for this purpose. Also, a registration fee of Rs. 1 per thousand subjects to a minimum of Rs.100/− and a maximum of Rs 500/- on aggregate CIF value of imports will need to be paid.
1- Chips Import Monitoring System under the Ministry of Electronics
2- Steel Import Monitoring System under the Ministry of Steel
The Steel Importing Monitoring System (SIMS) is a system established by the Ministry of Commerce and Industry, Government of India, with the aim of providing advanced information on steel imports to the government and relevant stakeholders. This system requires businesses importing steel products to obtain a license prior to the arrival of the imports. The purpose of this licensing system is to gather statistical data on steel imports entering India.
To participate in the SIMS program, importers, importing agents, or brokers must create a license for the relevant imports. The Ministry of Steel compiles and verifies the data submitted on steel licenses on a weekly basis, which is then published on their website for public analysis.
The program covers more than 524 steel tariff lines, identified by their 8-digit HS Code. These HS codes can be found in the dropdown menu of the “HS Code and Description” field within the application’s Item Details section. For each import registration, a registration fee is required, amounting to INR 1 per thousand of the aggregate CIF value of imports, with a minimum fee of INR 500 and a maximum fee of INR 1 lakh. The payment must be made through electronic means within the online system.
To participate in the SIMS program, importers, importing agents, or brokers must create a license for the relevant imports. The Ministry of Steel compiles and verifies the data submitted on steel licenses on a weekly basis, which is then published on their website for public analysis.
The program covers more than 524 steel tariff lines, identified by their 8-digit HS Code. These HS codes can be found in the dropdown menu of the “HS Code and Description” field within the application’s Item Details section. For each import registration, a registration fee is required, amounting to INR 1 per thousand of the aggregate CIF value of imports, with a minimum fee of INR 500 and a maximum fee of INR 1 lakh. The payment must be made through electronic means within the online system.
According to the DGFT Notification, copper imports under 46 HS codes of Chapters 74 of ITC (HS), 2017, Schedule I will be required to register with the Non-Ferrous Metals Import Monitoring System (NFMIMS). The importer may apply for registration up to 60 days before the expected arrival date of the import consignment. Registration can also be completed on the same day as the import arrives. The automatic Registration Number thus issued will be valid for 75 days.
3- NFMIMS (Non-Ferrous import monitoring system) under the Ministry of Mines
A) Copper Import Monitoring System
B) Aluminium Import Monitoring System
Aluminium imports under 43 HS codes of Chapters 76 of ITC (HS), 2017, Schedule I will be required to register with the Non-Ferrous Metals Import Monitoring System (NFMIMS), according to DGFT Notification. The importer may apply for registration up to 60 days before the expected arrival date of the import consignment. Registration can also be completed on the same day as the import arrives. The automatic Registration Number thus issued will be valid for 75 days.
The Government of India has amended the import policy of various types of coal, including anthracite, bituminous, coking, and steam, as per DGFT notification No.56/2015-2020 dated 28.01.2021, and made registration under the Coal Import Monitoring System (CIMS) mandatory. The CIMS went into effect on April 1, 2021, which means that any Bill of entry filed on or after that date will be governed by the CIMS. The online registration for the registration number has been open since the 15th of February 2020.The registration must be completed no earlier than 60 days and no later than 15 days before the expected arrival date of the import consignment.
4- Coal Import Monitoring under the Ministry of Coal
5- Paper Import Monitoring under DPIIT
The Paper Importing Monitoring System (PIMS) applies to the import of various paper products in a Domestic Territory Area unit. It encompasses 201 tariff lines, including newsprint, handmade paper, coated paper, uncoated paper, litho and offset paper, tissue paper, toilet paper, cartons, labels, and more. However, certain paper products such as currency paper, bank bond and cheque paper, security printing paper, etc., are exempted from mandatory registration under PIMS.
Under PIMS, importers must obtain an automatic registration number through the online system. This registration can be obtained by paying a registration fee of Rs. 500. The registration must be done between the 75th and 5th day prior to the expected arrival date of the import consignment. The automatic registration number remains valid for 75 days, allowing multiple consignments with the same registration number within the registration’s validity period, as long as the permitted quantity is not exceeded.
Under PIMS, importers must obtain an automatic registration number through the online system. This registration can be obtained by paying a registration fee of Rs. 500. The registration must be done between the 75th and 5th day prior to the expected arrival date of the import consignment. The automatic registration number remains valid for 75 days, allowing multiple consignments with the same registration number within the registration’s validity period, as long as the permitted quantity is not exceeded.
Steps involved to get the registration done
Step 1: Segregate the product as per the HSN code given in the different Import Monitoring Systems.
Step 2: Need to create the Portal as per the Import Monitoring System requirement.
Step 3: Application Preparation as per the Import Monitoring System requirement
Step 4: Resolve the query of the customer (If any)
Step 5: Submit the application after paying the registration fee.
Step 6: Release of Certificate.
Step 2: Need to create the Portal as per the Import Monitoring System requirement.
Step 3: Application Preparation as per the Import Monitoring System requirement
Step 4: Resolve the query of the customer (If any)
Step 5: Submit the application after paying the registration fee.
Step 6: Release of Certificate.
