Home Notifications 2018 DGFT DGFT - 2018 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Amendment in import policy condition of pepper classified under Chapter 09 of ITC (HS), 2017—Schedule—1(Import Policy) - 50/2015-2020 - Foreign Trade PolicyExtract Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No.50/2015-2020 New Delhi, Dated: 5 February, 2018 Subject: Amendment in import policy condition of pepper classified under Chapter 09 of ITC (HS), 2017-Schedule-1(Import Policy). S.O. 531 (E): In exercise of powers conferred by Section 3 of FT (D R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020 , as amended from time to time, the Central Government hereby in partial modification of the policy, amends the Notification No. 42 /2015-20 dated 6th December, 2017 imposing policy condition of Minimum Import Price (MIP) of ₹ 500 on CIF basis per kg on imports of pepper classified under EXIM code 090411 and 0904 1200 under Chapter 09 of ITC (HS), 2017 - Schedule - I (Import Policy) as under: Exim Code Item Description Policy Existing Policy Condition Revised Policy Condition 0904 11 20 Light black pepper Free Provided CIF value is ₹ 500/- and above per Kilogram Provided CIF value is ₹ 500/- and above per Kilogram. However, imports under Advance Authorisation Scheme are exempted from the MIP condition when import is for extraction of oleoresin, for re-export, by the manufacturer exporters only, subject to the following condition: a. Light black pepper berries shall have a minimum piperine content of 6% for import into India under AAS for oleoresin. b. The samples shall be drawn by Customs and tested at Spices Board's Quality Evaluation Labs for piperine content as per the ISO 5564 method. c. The yield assessment for oleoresin for AAS shall be done as per the ISO 1108 method at the Quality Evaluation Lab of Spices Board. d. The manufacturer exporters, who import pepper under AAS, for oleoresin purpose shall submit the details of import of pepper viz. quantity of pepper imported, quantity of oleoresin produced, quantity of oleoresin re-exported, balance stock available as well as the details of usage/disposal of spent material on a monthly basis to the Spices Board. 3. Effect of this Notification : Import policy of Light black pepper classified under EXIM Code 0904 00 20 under Advance Authorisation Scheme is laid down, in partial modification of the Notification No. 42/2015-20 dated 6 th December, 2017. (Alok Vardhan Chaturvedi) Director General of Foreign Trade [Issued from F.No.. 01/53/162/1109/AM-07/F.2/ILS/PC-2(B)]
|