SIMS stands for “Steel Importing Monitoring System” instituted by the Ministry of Commerce and Industry, Government of India to provide the information about the steel imports to both, the government as well as relevant business entrepreneurs.
The purpose of this system is to provide statistical data on import of steel entering into India prior to arrival of the imports.
Once a week, the data submitted at the time of SIMS registration are compiled, checked and published on the Ministry of Steel website for the public to analyze the data.
Who is required to get SIMS License?
Any Business / Entrepreneur who are Importing Steel Products covered under the Licensing program is required get the SIMS License for concerned steel imports.
SIMS License Registration Number is valid for a period of 75 days form the date of issuance.
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