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Steel Import Monitoring System (SIMS) Registration

Steel Import Monitoring System (SIMS) Registration

Steel Import Monitoring System (SIMS) Registration

Obtain SIMS Registration in India with our expertise!

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    Steel Import Monitoring System (SIMS) Registration

    Obtain SIMS Registration with our expertise!

    get started!

      6000 +
      Business served
      9.6/10
      Customer Ratings
      100 %
      Satisfaction

      What is Steel Import Monetering System (SIMS)?

      Steel Import Monitoring System (SIMS) is a licensing program effective since 1st November 2019 applicable for steel importers launched as a platform by the Ministry of Commerce and Industry, Government of India. As a part of Notification No. 17/2015-2020 Dated: 5th September, 2019, the Government introduced Steel Import Monitoring System (SIMS) by amending the import policy of iron and steel in ITC (HS) Chapter No 72, 73 and 86 from “Free” to “Free subject to compulsory registration under Steel Import Monitoring System (SIMS)”


      The main purpose of SIMS is accountability of the quantitative information about steel imports entering into the country. This information will then be utilised by the government for policy formulation and implementation regarding steel imports. This data on the steel licenses is then compiled, checked and published on the Ministry of Steel website once in seven days for the public to analyse.

      Objective of Steel Import Monitoring System (SIMS)

      SIMS not only helps in collection of the data regarding import of iron and steel products but also helps in analysis of the data thereby streamlining the process of policy making. In addition, it helps in getting real-time information that helps monitoring the imports into the country.

      The primary objective of SIMS is:

      Limit imports under the “Others” category Tariff items

      Stop Re-routing goods through other countries instead of trade agreements

      Reduce dumping of Iron & Steel products in the Indian market by way of under-invoicing

      Entry of prohibited goods by mis-declaration

      Products Covered under Steel Import Monitoring System (SIMS)

      The Steel Import Monitoring System (SIMS) shall be applicable on import of Iron & Steel products under Chapter 72, 73, and 86 of ITC (HS), 2017, Schedule-1 (i.e. around 284 tariff lines) which include:

      1. Iron and steel
      2. Articles made  of Iron & Steel
      3. Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signaling equipment of all kinds

      Note: All types of Iron & Steel Products are covered under Steel Import Monitoring System (SIMS). For a comprehensive list of Iron & Steel products covered please visit the link (Click Here) 

      Salient Features of Steel Import Monitoring System (SIMS)

      Salient Features of Steel Import Monitoring System (SIMS) include:

      • Online Registration facility is available on a 24X7 basis
      • Historic applications are available for review. In case any application was incompletely filed, the same is saved and available for further action.
      • 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.
      • 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

      Other Important Details on Steel Import Monitoring System (SIMS)

      When to apply for SIMS Registration?

      The importer should apply for SIMS Registration not earlier than 60th day and not later than 15th day before the expected date of arrival of import consignment.

      Application Fee for SIMS Registration

      A registration fee is applicable on SIMS Registration which is equivalent to Rs. 1 per CIF value of Rs. 1000 to a minimum of Rs. 500 and maximum of Rs. 1 Lakh.

      Validity of SIMS Registration

      The registration number granted under Steel Import Monitoring System (SIMS) shall be valid for 75 days.

      Amendment of SIMS Registration

      Licenses that are yet to be submitted can be amended

      Renewal of SIMS Registration

      There is no renewal of the License, as new Licenses are issued with every incoming Import.

      Cancellation of SIMS Registration

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

      Documents Required to obtain Registration under Steel Import Monitoring System (SIMS)

      Commercial Invoice

      Invoice of the foreign supplier having all the details about the product and the supplier

      Packing List

      Packing list covering details including weights, measurements and detailed lists of the goods in each package

      Bill of Lading

      A bill of lading issued by the carrier to acknowledge receipt of cargo for shipment covering information on type, quantity, and destination of the goods being carried.

      Registration Fee

      A registration fee equivalent to Rs. 1 per CIF value of Rs. 1000 to a minimum of Rs. 500 and maximum of Rs. 1 Lakh will need to be paid for each registration number generated for steel imports.

      Procedure for Obtaining Registration under steel Import Monitoring System (SIMS)

      Step 1 Documentation

      • Make all the documents ready

      Step 5 Customs Formality

      • The importer must share the URN with the concerned customs authorities during the shipment inspection at the port.

      • The URN and its expiration date should be clearly mentioned on the Bill of Entry as it is mandatory to get the clearance from the customs.

      Step 2 Form Filing
      • Fill the form with the required supporting documents including (Manufacturer Name, Manufacturer Country, HS Code and Description, etc.)
      Step 6 Clerance

      • Use the registration for hassle free import clearance

      Step 3 Submission

      • Submit the application not earlier than 60th day and not later than 15th day from the date of import/consignment arrival before submitting the Bill of Entry with the Customs.

      Step 4 URN
      • The successful submission of the e-form will result in the generation of the Unique Registration Number (URN), which will stay valid for 75 days.
      Day 1-2:
      • Review of documents and information provided
      • Application for Digital Signature Certificate
      Day 7 – 9:
      • Name reservation application under SPICe
      • Filing company registration application
      • DIN allotment application
      • Application for PAN and TAN of company
      Day 3-6:
      • Checking Name availability
      • Drafting of MoA, AoA & other required documents
      Day 10-12
      • Government processing time

      How Can we help?

      Documentation

      Collection of the required documentation from the clients.

      Follow-ups

      Follow-up with DGFT if the process of registration is delayed or slowed down

      Preparation and Submission

      Document verification, preparation of the form and submission of application as per the DGFT mandate

      Quick Assistance

      For Future related Licenses and queries

      Frequently Asked Questions

      All you need to know before applying for Steel Import Monitoring System (SIMS):

      Steel Impot Monitoring System (SIMS) is an online platform launched by the Ministry of Commerce and Industry, Government of India on 5th September, 2019.

      • 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.

      Yes, multiple products can be imported and included in one license, provided that the importer, exporter, manufacturer, country of origin and port of exportation is the same.

      The License number is created immediately, as soon as the payment is completed after the application is submitted.

      A view section has been made available for the applicants where they can enter their previous registration number as well as the IEC and look at the previous license details.

      Yes, all steel products that are entering India are required to register before the imports

      Yes, foreign filers can apply for a license, if assuming they have a valid Indian IEC (Importer Exporter Code) number.

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

      Currently, there is no such provision for a refund.

      Licenses that are yet to be submitted can be amended

      There is no renewal of the License, as new Licenses are issued with every incoming Import.

      Validity of the license is 75 days from the date of issuance.

      • Yes, one license application can cover multiple products. SIMS has the provision of adding multiple items for each registration provided the importer, exporter, manufacturer, country of origin and port of exportation is the same.
      • The license must be filled out prior to submitting the Bill of Entry with Customs. It should be filled out between 15 days to 60 days before the expected arrival of the imports into India.
      • Yes, a license is required for each customs entry. You may include multiple products on one license as well.

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