Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan
Notification No. 50/2015-2020
New Delhi, Dated: 5 February, 2018
Subject: Amendment in import policy condition of pepper classified under Chapter 09 of ITC (HS), 2017—Schedule-1(Import Policy).
S.O. (E): In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby in partial modification of the policy, amends the Notification No. 42/2015-20 dated 6th December, 2017 imposing policy condition of Minimum Import Price (MIP) of Rs 500 on CIF basis per kg on imports of “pepper” classified under EXIM Code 090411 and 0904 1200 under Chapter 09 of ITC (IIS), 2017 — Schedule — 1 (Import Policy) as under:
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Exim Code
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Item Description
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Policy
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Existing Policy Condition
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Revised Policy Condition
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0904 11 20
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Light black pepper
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Free
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Provided CIF value is Rs.500/- and above per Kilogram
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Provided CIF value is Rs.500/- and above per Kilogram. However, imports under Advance Authorisation Scheme are exempted from the MIP condition when import is for extraction of oleoresin, for re-export, by the manufacturer exporters only, subject to the following condition.
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3. Effect of this Notification: Import policy of Light black pepper classified under EXIM Code 0904 11 20 under Advance Authorization Scheme is laid down, in partial modification of the Notification No. 42 /2015-20 dated 6th December, 2017.
(Alok Vardhan Chaturvedi)
Director General Foreign Trade
[Issued from F.No. 01/53/162/1109/AM-07/F.2/ILS/PC-2 (B)]
