(To be published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section (ii))
Government of India
Ministry of Commerce & Industry
Department of Commerce
Notification No 8/2015-20
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 No1. 7/2015-20 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.
Director General of Foreign Trade
(Issued from F.No.01/91/180/774/AMIO/EC (Pt.)