Allocation of quantity of Black Pepper under Indo-Sri Lanka Free Trade Agreement

Government of India

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

Udyog Bhawan, New Delhi- 110011

Trade Notice No. 7/2016

dated 27 May, 2016

To

Members of Trade

All Regional Authorities of DGFT

All Custom Authorities

Sub: Allocation of quantity of Black Pepper, Vanaspati Bakery, Shortening & Margarine and Coconut for import under the Indo-Sri Lanka Free Trade Agreement for the financial year 2016-17.

in terms of Annexure-l to Appendix 2A of FTP 2015-20 read with Public Notice No. 62 dated 25.02.2016, the allocation of 2,500 MTs of Black Pepper for import under the Indo-Sri Lanka Free Trade Agreement for the financial year 2016-17. is attached as Annexure to this Trade Notice. Since. no application has been received within the stipulated time i.e. 28.02.2016 for import of Vanaspati Bakery, Shortening & Margarine and Desiccated Coconut, allocation of quantity of Vanaspati Bakery, Shortening & Margarine and Desiccated Coconut could not be made.

2.  Applicants who have been allowed to import pepper under the Indo-Sri Lanka Free Trade Agreement for the Financial year 2016-17 may contact concerned Regional Authorities (RAs) of DGFT for obtaining license. The validity of the quota is till 31^st March. 2017. The applicants who have been allowed to import pepper under Indo-Sri Lanka Free Trade Agreement shall submit utilization certificate of the quantity imported to the concerned Regional Authority and DGFT(HQ) by 31^st October. 2016. to enable to reassess the quota so available and for re-distributing the same on the basis of fresh applications. if considered necessary. Failure to fully utilize the quota would debar the applicant from applying under ISLFTA for the next three financial year. The applicants allowed to import under quota have to assess their import requirement and if they are not able to utilize their quota, then they have to submit fully/partially the unutilized quota by 31^st October, 2016. The surrendered quota will be put up for offer to fresh applicants. Applicants who are not able to utilize the quota and also fail to surrender by 31^st October, 2016, will be black listed for the next 3 years without giving any further reason.

Annexure : List of 12 applicants with quantity allocated.

(Rajesh Malhotra)

Dy. Director General of Foreign Trade

For Director General of Foreign Trade

E-mail:  malhotra.r@nic.in

[File No. 01/53/162/Misc/AM17/A-1/1C]

Allocation of quantity of Black Pepper under the Indo-Sri Lanka Free Trade Agreement for the financial year 2016-17.