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The Steel Import Monitoring System (SIMS) is an online registration platform introduced by the DGFT in coordination with the Ministry of Steel. It requires importers to declare essential shipment details and obtain a SIMS Certificate before filing the Bill of Entry for notified steel products. This system promotes transparency, monitors import trends, and supports policy decisions without restricting trade. SKMC Global assists businesses in SIMS registration, documentation, and compliance, ensuring smooth customs clearance and timely imports.
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WHY AND WHEN SIMS REGISTRATION IS REQUIRED? The Steel Import Monitoring System (SIMS), implemented by DGFT in consultation with the Ministry of Steel, requires importers to register online and obtain a SIMS Certificate before filing the Bill of Entry. It aims to collect advance import data, enhance market transparency, and support domestic industry stability without restricting imports. WHY SIMS REGISTRATION IS REQUIRED? Ensures Transparency: Tracks and monitors steel import trends. Supports Domestic Industry: Helps prevent dumping of low-cost foreign steel. Stabilizes Market: Enables government action to manage price fluctuations. Facilitates Data-Driven Policy:Provides accurate data for effective policymaking. WHEN SIMS REGISTRATION IS NECESSARY? Condition Requirement Product is listed under notified steel HS codes SIMS Registration is mandatory Import shipment is scheduled and Bill of Entry will be filed in India Apply for SIMS Certificate before filing Ensure SIMS compliance to avoid queries and delays Importer seeks smooth customs clearance At SKMC Global assists businesses in understanding SIMS requirements, completing online registration, and obtaining the necessary SIMS Certificate for smooth import operations. Our team ensures full compliance with DGFT guidelines, helping importers avoid delays and regulatory issues. +91 989-125-5499 info@skmcglobal.com www.skmcglobal.com