Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
DGFT - Highlights / Catch Notes

Home Highlights April 2024 Year 2024 This

The DGFT's amendment to SION E-124 involves a detailed ...

Circulars     DGFT

April 10, 2024

The DGFT's amendment to SION E-124 involves a detailed specification of the quantities and types of inputs allowed to be imported for the production of 1 Metric Tonne (MT) of Refined Sunflower Oil for export. The amended norms specify the quantity of Crude Sunflower Oil (Edible Grade) with a Free Fatty Acid (FFA) range of 0.5 to 1.8% to be 1.033 MT for every 1 MT of the export product. This indicates a clear allowance for the loss in weight during the refining process and ensures that exporters can import a slightly higher quantity of crude oil than what is exported in its refined form. Additionally, the notice specifies the quantities of chemicals required in the refining process, including Caustic Lye (2.500 kg), Phosphoric acid (0.165 kg), Citric acid (0.020 kg), TONSIL Bleaching earth (2.000 kg), and Filter Aid (3600 Kg).

View Source

 


 

You may also like:

  1. Amendments to remove the pre-export conditions for the items mentioned against SIONs E-121, E-122, E-123, E-124, E-127 and E-128

  2. The corrigendum issued by the Directorate General of Foreign Trade corrects the import quantity of Filter Aid in relation to SION E-124 for the export item Refined...

  3. Amendment in Standard Input Output Norms (SION) of Product group : Food products

  4. Amendment/ Modifications in the Handbook of Procedures, Vol.II (SION Book):- Flax Fabrics dyed - Public Notice

  5. Amendment in SION A-1578 - Printed Cards - Public Notice

  6. The procedure for filing and processing Bill of Entry amendment requests is governed by Section 149 of the Customs Act, 1962. Importers/Customs Brokers can file online...

  7. This public notice amends paragraph 4.59 of the Handbook of Procedures, 2023, and modifies the Standard Input Output Norms (SION) M-1 to M-8 for the export of jewellery....

  8. MEIS scheme - amendment in the shipping bills - whether to permit the necessary amendments in the shipping bills would be within the purview of the Commissioner of...

  9. Amendment in SION A-1691 of Chemical Product Group and in SION H-207 and H-278 of Plastic Product Group. - Public Notice

  10. This public notice from the Directorate General of Foreign Trade (DGFT) further extends the abeyance of Public Notice No. 05/2024 dated 27.05.2024 regarding modification...

  11. Drawback scheme allows rebate of duty paid on excisable goods used in manufacture of exported products. The assessee calculated yarn consumption for exports based on...

  12. The public notice issued by the DGFT announces amendments to Para 4.14 and 4.06 of the Handbook of Procedures 2023, under the authority of the Foreign Trade Policy 2023....

  13. Service tax recovery from foreign government agencies for statutory fees/licenses - Petitioner's declaration under SVLDRS rejected - HC held pre-deposit amount during...

  14. Anti-Profiteering Authority - Certain provisions under Rules 120, 122 and 124 of GST Rules 2017 amended.

  15. Modification of SION C-469 & Fixation of two new SIONs - Public Notice

 

Quick Updates:Latest Updates