Follow Us:

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

DEPARTMENT OF COMMERCE

DIRECTORATE GENERAL OF FOREIGN TRADE

Policy Circular No. 11 (RE-2007)/2004-2009

Dated:28th September, 2007

Subject: One time approval for import of Soyabean oil obtained from Round-up- Ready Soyabean.

The Genetic Engineering Approval Committee (GEAC) set up by Ministry of Environment and Forests has accorded ‘one time approval’ for import of GM Soybean oil (crude de-gummed/ refined form) derived from Round-up-Ready Soyabean for the purpose of consumption after refining. Condition No. 18 of Chapter 1 A (General Notes Regarding Import Policy) of the ITC(HS) Classifications of Export and Import Items, 2004-2009 notified vide Notification No. 2 dated 7.4.2006 refers.

2. The data relating to import of GM Soyabean oil or Soyabean oil from products of GM origin will be furnished by the Solvent Extractors’ Association of India, Mumbai to D/o Commerce, EP (Agri.) Division on a monthly basis.

3. This issues with the approval of the competent authority.

Sd/-

(O.P. Hisaria)

Joint Director General of Foreign Trade

(Issued from File No 01/89/180/178/AM 03/PC-I(A)

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Ads Free tax News and Updates
Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930