Amendments in Schedule - 1 of ITC(HS) Classifications of Export and Import Items, 2004-09 - 07 (RE-2006) / 2004-2009 - Foreign Trade Policy

Amendments in Schedule - 1 of ITC(HS) Classifications of Export and Import Items, 2004-09. TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION—3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION No. 07(RE-2006) / 2004-2009 NEW DELHI , DATED 18 th May, 2006 S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy - 2004-09, the Central Government hereby amends Schedule - I (Imports) of the ITC(HS) Classifications of Export and Import Items, 2004-09 as under: 1. Import Policy for the following items will be amended as follows : Exim Code Item Description Policy Policy Conditions 15042020 Fish Lipid Oil Free Import subject to Licensing Note No. (5) of the Chapter. 2. Import Licensing Note No. (5) will be added at the end of Chapter 15 and will be read as follows : "Fish Lipid Oil (containing Eicosapentaenoic Acid (EPA) and Docosaphexaenoic Acid (DHA)) will be freely imported on the following prescribed standards: Free fatty Acids (maximum) : 0.10% (as Oleic Acod) Moisture (maximum) : 0.5% Perozide value (maximum) : 10 milli equivalent/kg of oil Eicosapentaenoic Acid (EPA)+ Docosaphexaenoic Acid (DHA) (minimum) : 15% (by weight)" 3. This issues in public interest. (K.T. Chacko) Director General of Foreign Trade And Ex-Officio Additional Secretary to the Govt. of India (Issued from File No 01/89/180/Misc.90/AM05/PC-IA)