Chip Import Monitoring System
The CHIMS registration is a registration license introduced by the
government of India for the import of electronic
integrated circuits (chips) into the country. Implemented in 2021, this
registration is required to ensure the tracking
and monitoring of the import of chips into the country. Here, the chip means
the facilitator of electronic devices such
as computers, laptops, smartphones, and even refrigerators and cars.
With regard to the import of chips into India from various exporters, the
government of India has legally mandated the
license before importing electronic chips. To comply with the standard and
to avoid certain restrictions on importing,
the entities that deal with importing these chips are required to obtain
CHIMS registration.
In this article, we will provide you with complete insights into the
documents, procedures, eligibility criteria, and
fee structure for obtaining the Chips Import Monitoring System.
What is a CHIMS Registration?
Chip Import Monitoring System (CHIMS) registration, the acronym of the Chip
Import Monitoring System, refers to the
legal evidence for the vendor that deals with the importing of electronic
chips for processing the information, storing
the data, and connectivity. These chips are durable for controlling the
function of electronic devices that owe to their
features. They are tiny miniatures but control various functions of a single
electronic component, which is responsible
for the working of the electronic devices.
This registration is not an optional but a legal registration for the
importers that deal with the electronic devices.
Under the Ministry of Commerce and Industry, the Directorate General of
Foreign Trade (DGFT) is the governing body that
controls the Chip Import Monitoring System.
Objectives of CHIMS Registration
In aim to provide you full-fledged purpose of Chip Import Monitoring Registration
(CHIMS) registration, which are as
follows:
- To formulate effective policies for the domestic semiconductor industry, the government of India formulated effective policies to recognize the strategic importance of semiconductors.
- To ensure that only high-quality chips are imported into the country
- To gather comprehensive data on the types, quantities, and sources of chips being imported into the country.
Importance of obtaining CHIMS Registration
- Complaint to legal standard: Non-compliance with CHIMS standards can lead to hefty penalties and legal actions under the Foreign Trade (Development & Regulation) Act, 1992. This will provide you with a plus point to consider the CHIMS registration before importing electronic chips.
- Promoting domestic manufacturing: The government aims to boost domestic electronics manufacturing through CHIMS registration. This registration can identify areas by tracking imports where domestic production can be encouraged.
- Data management: CHIMS helps the government maintain a database of imported electronic goods, helps in policy formulation and trade analysis.
- Clearance of customs: The most crucial reason for registering under CHIMS registration is to clear your electronic goods through customs. This directly impacts your business operations and can boost your sales legally.
Eligibility Criteria for Registering Under CHIMS Registration
If an applicant wanted to apply for Chip Import Monitoring
System (CHIMS) registration, it is necessary to know the
eligibility criteria for registering themselves under the government import
regulations of chips for electronic devices:
For considering the eligibility criteria under Chips Import Monitoring System
(CHIMS) registration, HSN codes are
applicable:
| HSN Code | Product Description |
|---|---|
| 85423100 | Electrical integrated circuits processors and controllers, whether or not paired with memories, converters, logic circuits, amplifiers, clock and timing circuits, monolithic integrated circuits, digital |
| 85423200 | Electronic integrated circuits memories |
| 85423300 | Electronic integrated circuits amplifiers |
| 85423900 | Electronic integrated circuits other than memories and amplifiers |
| 85429000 | Parts of electronic integrated circuits and micro assemblies |
Validity and Renewal of Chips Import Monitoring System
The validity of CHIMS registration number shall be valid for a period of 75 days from the date of issuance. However, there won’t be a need for renewal of Chip Import Monitoring System (CHIMS) registration numbers. But, at every new export of electronic devices, you need to apply for fresh CHIMS registration number
Modification/Cancellation of CHIMS Registration
- After submitting the application on the portal, your license for the chips importing cannot be modified.
- Once the application is submitted on the given portal, you may not be liable to cancel the given application.