Date: |
13-04-2020
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Notification No: |
Trade Notice No. 212020-21
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Issuing Authority: |
DGFT
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Type: |
Trade Notice
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File No: |
File No. 0l I 53 lSlE/ AM20/l-5O/IC |
Subject: |
Conditions on import of Refined Palm Oil
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Govemment of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Trade Notice No. 212020-21
Dated: l3th April, 2020
Udyog Bhawan, New Delhi
To
l. RAs of DGFT
2. Members ofTrade
3. Joint Secretary (Customs), Department of Revenue
Subject: Conditions on import of Refined Palm Oil
Central Govemment vide Notification No. 39/2015-2020 dated 8rh January,
2020 amended the lmport Policy ofrefined palm oil under Exim code l5l190 from
'Free' to'Restricted'.
2. lmport of rehned palm oil under the above mentioned Exim code will be
permitted subject to the following conditions:
i. The applications for import authorization should be accompanied with prepurchase agreement and details of the import of the above items for past
three years.
ii. Validity period of import licenses/authorizations for refined palm oil
will be 06 months in place ofusual l8 months.
iii. Total non-utilisation of import authorization by the applicant will lead to
disqualification of the importer from getting any further license for these
items in future.
iv. Customs will be required to diligently enforce the Rules of Origin
criteria for import ofthese items originating from Nepal and Bangladesh.
3. This issues with the approval ofcompetent Authority.
Issued from File No. 0l I 53 lSlE/ AM20/l-5O/IC]
(Nirmal Kumar)
Deputy Director Ceneral of Foreign Trade
e-mail : [email protected]
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