The Government of India issued Notification No. 17 (RE-2004)/2004-2009 on January 6, 2005, amending the Foreign Trade Policy (FTP) 2004-2009. The amendment, made under Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, involves the deletion of the last sub-paragraph of Para 3.8.3.1, which was introduced via Notification No. 15/2004-2009 on January 4, 2005. The deleted clause had previously restricted the import of all edible oils classified under Chapter 15 to be carried out solely through the State Trading Corporation (STC) and MMTC. By removing this restriction, the policy allows for more flexibility in the importation process. This change has been issued in the public interest, aiming to simplify the import procedures and enhance market access.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NOTIFICATION No. 17 (RE-2004)/2004-2009
NEW DELHI DATED THE 6th JANUARY, 2005
S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 read with paragraph 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009:
The last sub-Para of Para 3.8.3.1 incorporated vide notification no. 15/ 2004- 2009 dated 4.1.2005 which reads as
“Import of all edible oils classified under Chapter 15, shall be allowed under the scheme only through STC and MMTC.” stands deleted.
This issues in Public interest.
( K.T. CHACKO )
DIRECTOR GENERAL OF FOREIGN TRADE and
EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA
(Issued from F.No. 01/94/180/010/AM05/PC.IV)
