Directorate General of Foreign Trade (DGFT) has clarified the eligibility for Vishesh Krishi Upaj Yojana (VKUY) benefits on cashew exports under ITC(HS) Codes 080131, 080132, and 20081910. Despite previous exclusion in April 2005, exports made between January 4, 2005, and April 26, 2005, are now eligible for VKUY benefits. This clarification addresses industry concerns regarding the applicable period for VKUY incentives.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
Policy Circular No. 18 (RE-2005)/2004-2009 Date: 28th July, 2005
Subject: Vishesh Krishi Upaj Yojana benefits for export of Cashew
Attention is invited to Notification No.15/2004-09 dt.4.1.2005 giving details of various items eligible for benefits under Vishesh Krishi Upaj Yojana and subsequent Public Notice No.4(RE-2005)/2004-09 dt.27.4.2005 vide which export of Cashew under ITC(HS) Code 080131, 080132 & 20081910 was excluded for benefits under the said Scheme.
2. Doubts have been raised about admissibility of benefits under Vishesh Krishi Upaj Yojana for export of Cashew covered under ITC(HS) Code 080131, 080132 & 20081910 for the exports made between 4.1.2005 and 26.4.2005. It is hereby clarified that export of Cashew covered under ITC(HS) Code 080131, 080132 & 20081910 shall be entitled for Vishesh Krishi Upaj Yojana benefits in respect of such exports made between 4.1.2005 and 26.4.2005 only.
3. This issues with the approval of the Director General of Foreign Trade.
( M.K. Parimoo )
Dy. Director General of Foreign Trade
(F.No : 01/94/180/Policy Circular/AM06/ PC-I)
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