Sponsored
    Follow Us:
Sponsored

Export policy of Agar Oil and Agarwood (Aquilaria Malaccensis) Chips and Powder has been amended from Free to Restricted with immediate effect.

Export Quota of 25000 Kg per annum for Agarwood (Aquilaria Malaccensis) Chips and Powder and Export Quota of 1500 Kg per annum for Agar Oil has been notified.

The policy condition regarding export of Agarwood (Aquilaria Malaccensis) Chips and Powder and Agar Oil has also been notified.

MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
New Delhi, the 29th November, 2021

Notification No. 45/2015-2020-DGFT

Subject : Amendment in Export Policy of Agar Oil and Agarwood Chips and Powder obtained from artificially propagated source and insertion of policy conditions–regarding

S.O. 4898(E).—In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes following amendment in the Chapter 12 and Chapter 33 of Schedule – 2 of ITC (HS) Export Policy, 2018 related to Agarwood:

Chapter – 12

S. No ITC HS Codes Description Existing Policy Revised Policy Policy Condition
86A 12119080 AGARWOOD (Aquilaria Malaccensis) (INCLUDING CHIPS AND Powder) Free Restricted The annual quota for export of Agarwood (Aquilaria Malaccensis) Chips and Powder obtained from artificially propagated source (cultivated origin outside forest areas) has been fixed as under:

Agarwood Chips and Powder – 25000 Kg per annum.

The export of Agarwood (Aquilaria Malaccensis) powder and Chips is permitted subject to following conditions:

I. Applications for an export license for the export of agarwood (Aquilaria Malaccensis) obtained from artificially propagated sources (cultivated origin outside forest areas) should be accompanied by attested copies of certificate of origin issued by an Officer of the Forest Department, authorized by concerned State Government from where stocks were procured/ exported, giving details of the date of procurement from legal sources and quantities procured. The certificate of origin should mention that the plantation from which agarwood (Aquilaria Malaccensis) was obtained is registered with the State Government.

II. A certificate of the current position of stocks so procured and available with the applicant given after physical verification of the stocks, by the authority nominated for the purpose by the PCCF, should also accompany the application for an export license.

III. A copy of the export order received by the concerned firm

IV. Coloured photograph of products duly certified by the concerned officer designated by the Forest Department.

V. An undertaking from the firm that items of agarwood (Aquilaria Malaccensis) proposed to be exported has been harvested from plantation following all conditions of CITES for harvesting of agarwood (AquilariaMalaccen sis).

Chapter – 33

S. No ITC HS Codes Description Existing Policy Revised Policy Policy Condition
170A 33013010 Agar Oil Free Restricted The annual quota for export of Agar Oil obtained from artificially propagated source has been fixed as under: Agar Oil – 1500 Kg per annum. The export of Agar Oil is permitted subject to following conditions:

I. Applications for an export license for the export of agaroil extracted from agarwood (Aquilaria Malaccensis) obtained from artificially propagated sources (cultivated origin outside forest areas) should be accompanied by attested copies of certificate of origin issued by an Officer of the Forest Department, authorized by concerned State Government from where stocks were procured/exported, giving details of the date of procurement from legal sources and quantities procured. The certificate of origin should mention that the plantation from which agarwood (Aquilaria Malaccensis) was obtained is registered with the State Government.

II. A certificate of the current position of stocks so procured and available with the applicant given after physical verification of the stocks, by the authority nominated for the purpose by the PCCF, should also accompany the application for an export license

III. A copy of the export order received by the concerned firm.

IV. Coloured photograph of products (agarwood) (Aquilaria Malaccensis) duly certified by the concerned officer designated by the Forest Department.

V. An undertaking from the firm that items of agaroil proposed to be exported has been harvested from plantation following all conditions of CITES for harvesting of agarwood (Aquilaria Malaccensis).

2. Effect of this Notification:

Export Policy of Agar Oil & Agarwood Chips & Powder amended

  • Export policy of Agar Oil and Agarwood (Aquilaria Malaccensis) Chips and Powder has been amended from Free to Restricted with immediate effect.
  • Export Quota of 25000 Kg per annum for Agarwood (Aquilaria Malaccensis) Chips and Powder and Export Quota of 1500 Kg per annum for Agar Oil has been notified.
  • The policy condition regarding export of Agarwood (Aquilaria Malaccensis) Chips and Powder and Agar Oil has also been notified.

[F. No. 01/91/180/60/AM21/EC /E-26475]

AMIT YADAV, Director General of Foreign Trade

& Ex-Officio Addl. Secy.

Sponsored

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 *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728