DGFT reduces fees for SIMS registration to Rs. 500/-
Importers for Steel Products are required to apply for SIMS registration. While applying for the same online, Importer was required to pay Rs. 1 per 1000 of CIF Value with minimum Rs. 500/- and Maximum Rs. 1 Lakh.
Now, Vide DGFT Notification No. 28/2023 dated 28.08.2023 the fees for automatic SIMS registration Number will be Rs. 500/- only.
This amendment will be applicable from immediate effect.
The Notification can be downloaded from the link below:
https://content.dgft.gov.in/Website/dgftprod/9a469b64-3453-4a93-b4c7-d3e9a1f65deb/Notification%2028%20dt%2028-08-23%20Eng.pdf
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