Notification No. 77 (RE-2010)/2009-2014, Dated- New Delhi,
Dated : 28th September, 2011
Subject: Extension of ban on export of edible oils up to 30.09.2012 and exemption for export of edible oil in branded consumer packs with a ceiling of 10,000 tons from 01.11.2011 to 31.10.2012.
S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014 (as amended from time to time), the Central Government hereby amends, with immediate effect, Notification No. 85 dated 17.03.2008 read with Notification No. 7 dated 30.09.2010, as amended from time to time.
2. Export of edible oils was initially prohibited for a period of one year with effect from 17.03.2008 vide Notification No. 85 dated 17.03.2008 which was extended from time to time and is presently up to 30.09.2011 as notified through Notification No. 7 dated 30.09.2010. Now the ban on export of edible oil is extended up to 30.09.2012.
3. In relaxation of above prohibition, certain exemptions have been granted through various notifications issued from time to time namely (a) export of Castor Oil (b) export of coconut oil from Cochin Port (c) Deemed export of edible oils(as input raw material) from DTA to 100% EOUs for production of non-edible goods to be exported (d) export of oil produced out of minor forest produce even if edible, ITC(HS) Code 15159010, 15159020, 15159030, 15159040, 15179010 and 15219020 (e) export of 10,000 MTs per annum of organic edible oils.Online GST Certification Course by TaxGuru & MSME- Click here to Join
4. In addition, export of edible oils in branded consumer packs of upto 5 Kgs with ceiling of 10,000 tons is presently permitted from 01.11.2010 to 31.10.2011 in terms of Notification No. 9 of 01.11.2010. Now the same dispensation has been extended upto 31.10.2012 as follows:-
(i) There shall be no change in ports i.e. exports will be permitted from Custom EDI Ports;
(ii) The period of export will be from 01.11.2011 to 31.10.2012;
(iii) The total quantity ceiling permitted for exports is 10,000 tons; and
(iv) There shall be no change in packing i.e. exports permitted in branded consumer packs of up to 5 Kgs.
5. Effect of this notification:
Prohibition on export of edible oils has been extended upto 30.09.2012. But, the same will not apply to relaxations/exemption as mentioned in para (3) and (4) above. Export of fish oil continues to be free as per Notification No. 60 dated 20.11.2008.
(Anup K. Pujari)
Director General of Foreign Trade