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TMI BlogAllocation of Tariff Rate Quota for Import of Crude Soya bean Oil and Crude Sunflower OilX X X X Extracts X X X X X X X X Extracts X X X X ..... g para 2.60 and 2.61 of the Handbook of Procedures as follows : 1. The following provision is inserted as para 2.60(b) of the Hand book of procedures : Tariff Rate Quota (TRQ) Imports shall be allocated during financial years 2022-23 and 2023-24, up to quantities per year as indicated below. The duty exemption under the said TRQs may be availed as per Ministry of Finance (Department of Revenue) Notification No. 30/2022-customs dated 24.05.2022. Item Description ITC( HS) TRQ per Year (in MT) Crude Soya-bean oil, whether or not degummed 1507 10 00 20,00,000 Crude Sunflower seed oil 1512 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r after processing. ix. The TRQs issued for financial year 2022-23 shall be valid for clearance of import for a period of one year or till 30th June, 2023, whichever is earlier. TRQs issued for FY 2023-24 shall be valid for clearance of imports till 31 st March, 2024 x. Import consignments landing at Indian Ports after the date of issuance of TRQ licence shall only be considered for clearance under TRQ. Any quantities lying at the Indian ports (under warehousing etc) before the date of issuance of the TRQ license shall not be considered for import clearance under TRQ. xi. The un-utilized quantities i.e., quantities not imported by the TRQ Licencees by the end of the current import period, shall be deducted from their proposed allo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e allocation at any point of time, as deemed fit. 5. Effect of Public Notice: Provisions for allocation of Tariff Rate Quota (TRQ) for 20 Lakh MT of Crude Soya bean oil and 20 Lakh MTs of Crude Sunflower oil for FY 2022-23 and 2023-24 has been notified. (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-officio Additional Secretary, Government of India E-mail: [email protected] [Issued from File No. 01/89/180/36/AM-14/PC-2[A]Part-II/E-32035] ************** NOTES:- 1. Substituted vide Public Notice No. 15/2015-20 dated 14-06-2022 before it was read as, iii. For each processing unit, applicants shall provide a self-certified copy of documentary ..... X X X X Extracts X X X X X X X X Extracts X X X X
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