Amendment in Import Policy condition of Cashew Kernels (broken/ whole) - 59/2015-2020 - Foreign Trade Policy

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION NO. 59/2015-2020 New Delhi, the 21st February 2023 Subject : Amendment in Import Policy condition of Cashew Kernels (broken/ whole) S.O. 796(E). In exercise of powers conferred by Section 3 read with Section 5 of Foreign Trade (Development Regulation) Act, 1992 , read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2015-2020 , as amended from time to time, the Central Government hereby amends the import policy condition of cashew kernels (broken) under ITC(HS) Code 08013210 and cashew kernel (whole) under ITC(HS) Code 08013220 under Chapter-08 of ITC (HS) 2022, Schedule 1 (Import Policy) as under: ITC (HS) Code Description Import Policy Existing Import Policy Revised Import Policy 08013210 Cashew kernel, broken Prohibited However, import is free if CIF value is above Rs. 680/- per KG. 1. However, import is free if CIF value is above Rs. 680/- per Kg. 2. MIP conditions, however, shall not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZ. 3. SEZs and EoUs units shall not be allowed to sell the imported Cashew Kernels into Domestic Tariff Area (DTA). 08013220 Cashew kernel, whole Prohibited However, import is free if CIF value is above Rs. 720/- per KG. 1. However, import is free if CIF value is above Rs. 720/- per Kg. 2. MIP conditions, however, shall not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZ. 3. SEZs and EoUs units shall not be allowed to sell the imported Cashew Kernels into Domestic Tariff Area (DTA). Effect of this Notification : Minimum Import Price (MIP) on Cashew kernel (broken / whole) will not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZs subject to the condition that the imported Cashew Kernels are not sold into Domestic Tariff Area (DTA). This issues with the approval of Minister of Commerce Industry. [F. No. 01/89/180/05/AM-20/PC.II(A)/E-28980] SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-Officio Addl. Secy.