Amendment in Appendix - 6B of FTP/ HBP, 2023. - DGFT - 08/2024-25

Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Public Notice No. 08/2024-25 New Delhi, Dated: 03.06.2024 Subject: Amendment in Appendix - 6B of FTP/ HBP,2023. Regarding In exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023 , the Director General of Foreign Trade hereby amends Para 10 (ii) of Appendix 6B of FTP / HBP, 2023 . The amendment in Appendix 6B is as follows: Existing Paragraph Amended Paragraph (10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF EXPORT IMPORT ITEMS: (ii) A minimum value addition of 25% shall have to be fulfilled. (10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF EXPORT IMPORT ITEMS: (ii) A minimum value addition of 25% shall have to be fulfilled. have to be fulfilled in the case of spices only where both export as well as import items pertain to Chapter 9 of the ITC( HS) Code. (iii) In all other cases the value addition will be 15% 2. Effect of this Public Notice: To bring parity with provisions of Chapter 4 of the FTP / HBP regarding value addition for spices covered under Chapter 9 of the ITC(HS) Code , the provisions of of the FTP / HBP ( Appendix 6B ) are being amended to the extent that in the case of spices, a minimum value addition of 25% shall have to be fulfilled only where both export as well as import item pertains to Chapter 9 of ITC( HS) Code . In all other cases, the value addition will be 15%. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-officio Addl. Secretary to the Government of India e-mail: [email protected] (Issued from F.No. 01/92/180/92/AM24/PC-6/E-38426)