STEEL IMPORT MONITORING SYSTEM (SIMS)

Topic Insight

An import policy has been adopted for specific iron and steel items appearing in Chapter 72, 73 and 86 of ITC (HS), 2017. The details may be seen under the Annex to DGFT Notification 17 dated 05.09.2019. Herein the policy has been changed from & quot;free" to & quot;free subject to compulsory registration". Registration applications in this regard may be submitted here.

 

Applicability

(i) All importers of specific iron and steel items appearing in Chapter 72, 73 and 86 of ITC (HS), 2017

(ii) Importer can apply for online registration not earlier than 60th day and not later than 15th day before the expected date of arrival of import consignment The automatic Registration Number thus granted shall remain valid for a period of 75 days

(iii) A license is required for each customs entry / each shipment. You may include multiple products on one license as well.

Effective Date of implementation

Bill of Entries on or after 16.10.2020 shall require compulsory registration under SIMS.
[Public Notice No. 19 dated 28.09.2020]

Unique Registration Number (URN)

  1.  Steel Import Monitoring System (SIMS) shall require importers to submit advance information in an online system for import of items in the Annex to DGFT Notification 17 dated 05.09.2019. 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.
  2.  Importer shall have to enter the Registration Number and expiry date of Registration in the Bill of Entry to enable Customs for clearance of consignment.

Application Fee

A registration fee of Rs. 1 per thousand subject to a minimum of Rs.500/− and a maximum of Rs. 1 Lakh on aggregate CIF value of imports will need to be paid through electronic mode in the online system for each registration number.

Other Information

  •  On registration, a Unique Registration Number (URN) starting with ‘STL’ will be sent to the IEC holders mobile/email id (as given in IEC database)
  • Any change in applicant’s mobile/email id will need to be first amended/updated in DGFT IEC database through the online IEC modification system
  • Importers who fail to register their information/data on notified steel items in advance or are found to furnish incorrect data in the Online SIMS module will attract punitive action including action under FTDR Act, 1992

FAQ

What does SIMS stand for? Why was it created?

SIMS is a Steel Importing Monitoring System instituted by the Ministry of Commerce and Industry, Government of India to provide advance information about steel imports to both, the government as well as relevant stakeholders.

How many Manufacturers and Sellers we can add under one application for SIMS?

You can add only One Seller and One Manufacturer only under one license application for SIMS.

What do you do with this information?

The purpose of the licensing system is to provide statistical data on steel imports entering India prior to arrival of the imports. Once a week, the data submitted on the steel licenses are compiled, checked and published on the Ministry of Steel website for the public to analyze.

Who is required to fill out the license?

Any business importing steel products covered under the licensing program is required to create a license for concerned imports. Importers, importing agents, or brokers, may apply for this license. Please ensure that the contact person named on the license is knowledgeable about the license, should we reach out for queries/ clarifications.

What products are covered?

There are over 524 steel tariff lines (8-digit HS Code) that require registration for imports into India. A detailed list of these HS codes is available in the dropdown of the “HS Code and Description” field in the Items Details section of the application.

Do Indian origin goods processed in a foreign country need a license when re-entering India?

Yes, all steel products that are entering into India require prior registration before imports.

How long is the license valid for?

The automatic registration number granted shall be valid for a period of 75 days.

How do I cancel my license?

Licenses that are not yet submitted can be canceled by deleting the draft crated. In case the application has been submitted, cancellations cannot be made.

. Will I receive refund for the registration payment if I cancel the license after submitting?

Presently, there is no provision for a refund.