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Money > Business Headlines > Report January 24, 2001 |
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No labelling required for bulk importsFaced with a strong criticism from the industry for the piling up of consignments at different ports and airports, the government has made it clear that the labelling requirement under the weights and measures rules will not be required for the import of raw material and bulk imports. The government had issued a notification on November 24 under the provisions of Standards of Weights and Measures (Package Commodity) Rules, requiring the labelling requirements on imports of goods meant for the retail sale. While the intention was to protect the domestic industry from the onslaught of cheap imports from China and other countries, it backfired with piling up of the consignments at the ports, airports and inter-land container depots. The Confederation of the Indian Industry strongly criticised the move that led to piling of the consignments. "The labelling requirements, as mentioned in para 4 of the notification (of November 24, 2000), shall be applicable only on imports of those pre-packaged commodities that are intended for retail sale. Since import of raw materials, components, bulk imports, etc., would invariably undergo further processing or assembly before they are sold to consumers, these imports shall not invite the application of labelling requirements," the Directorate General of Foreign Trade said in a circular. UNI |