Microprocessors & memory modules are excluded from CHIMS: DGFT Policy Circular
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- By Chetan Kulasri
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- Last Updated on 29 June, 2022
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Policy Circular No. 40/2015-2022 Dated June 27th, 2022
The DGFT has received various representations from members of Industry and Trade seeking clarifications on Chip Import Monitoring System (CHIMS). The DGFT has now issued policy circular to clarify that CHIMS is also applicable for air/sea shipments and the CHIMS registration can also be made on the same day of arrival of import. It is also clarified that Microprocessors covered under ITC (HS) Code 84733010 and memory modules covered under ITC (HS) Code 84733099 are excluded from CHIMS.
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