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Amendment in export policy of edible oils., DGFT Notification No. 08/2015-2020, 18-05-2016



Date: 18-05-2016
Notification No: DGFT Notification No. 08/2015-2020
Issuing Authority: DGFT  
Type: Notification
File No: F.No.01/91/180/774/AMIO/EC (Pt.)
Subject: Amendment in export policy of edible oils.

Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan

Notification No 08/2015-20

New Delhi, Dated: 18th May, 2016

Subject: Amendment in export policy of edible oils.

S.O. (E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20. the Central Government, hereby, makes the following amendments, with immediate effect, to the Notification No. 17/2015-20 dated 06.08.2015 relating to SI. No. 92 of Schedule 2 of ITC (HS) Classification of Export & Import Items:

(i) Entry at Para 3(g) of the Notification No. 17/2015-20 dated 06.08.2015 is amended to read as:

“Rice Bran oil in bulk, irrespective of any pack size.”

(ii) Entry at Para 4 of the said Notification is amended to read as:

“Export of edible oils (other than those mentioned in Para 3 of the said Notification) is permitted in branded consumer packs of upto 5 Kgs with a Minimum Export Price of USD 900 per MT.-

2. Effect of this notification:

Export of Rice Bran oil in bulk (irrespective of any pack size) has been exempted from the prohibition on export of edible oils.

(Anup Wadhawan)
Director General of Foreign Trade
E-mail: dgft[at]nic[dot]in
(Issued from F.No.01/91/180/774/AMIO/EC (Pt.)

       

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