The Department of Commerce has, concurrently, also identified imports that are not properly categorised as per the Harmonized System (HS) of tariffs. Along with the BIS, it also plans to increase the number of technical regulations and market surveillance to keep the inflow of such products in check.“It is crucial to control such imports, because we have completely become an import-dependent country. BIS will play acrucial role to stop these unnecessary imports. The commerce department wants BIS to formulate 5,000 technical regulations against bureau’s less than 500 currently. “These imports are damaging our capital goods industry, especially project imports.

Source: Economic Times December 30, 2019 18:23 UTC