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Mandatory for Steel import
SIMS Certificate
The Steel Import Monitoring System (SIMS) is a digital initiative by the Indian Ministry of Commerce and Industry aimed at effectively monitoring and regulating the import of steel products into India. This platform mandates that importers register their steel import-related information in an online database prior to shipping their products to the country. By streamlining the import process, SIMS enhances transparency and helps ensure compliance with regulatory standards. This system is a step towards safeguarding the domestic steel industry while facilitating legitimate trade..
This information includes the name of the importer, the country of origin of the steel, the quantity of steel being imported and the port of entry. SIMS is designed to help the Indian government track the import of steel products and to ensure that only quality steel products are imported into the country. It is also designed to help the government protect the domestic steel industry from unfair competition from imported steel products.
SIMS (Sample)
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Importance and benefits of SIMS Certificate
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Procedure of SIMS registration application
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Documents required for SIMS registration
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SIMS Application Fees
The need for monitoring
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Curbing Unfair Trade Practice : One of the primary objectives of SIMS is to curb unfair trade practice's, such as dumping and under-invoicing, which can harm the domestic steel industry. By maintaining a comprehensive record of steel imports, the government can identify and address such issues promptly.
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Data-Driven Decision Making : SIMS provides valuable data to policymakers, allowing them to make informed decision regarding tariffs, quotas and other trade-related matters, This data-driven approach contributes to the overall growth and stability of the steel sector
Documents required for SIMS
Business details and documents of applicants.
Proof of Business.
Digital Signature Certificate(e-Token).
Import Export Code
RCMC (Registration Cum Membership Certificate)
Procedure of SIMS Registration
Visit the DGFT website
Download and fill the application form
Attach necessary documents
Submit the form along with the documents
Pay the applicable fee
Issuance of Certificate
Salient Features of Steel Import Monitoring System (SIMS)
Salient Features of Steel Import Monitoring System (SIMS) include:
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Online Registration facility is available on a 24X7 basis
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Historic applications are available for review. In case any application was incompletely filed, the same is saved and available for further action.
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In case of any changes in the company organizational structure or hierarchy, applicant’s mobile/email id can be changed/updated accordingly in the DGFT IEC database through the online IEC modification system.
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Importers who are found to furnish incorrect data or fail to register their information/data on notified items in advance on the online SIMS module will attract punitive action including action under the Foreign Trade (D&R) Act, 1992
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