TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (II)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
NEW DELHI
NOTIFICATION NO. 10/2015-2020, Dated: June 08, 2015
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, the Central Government hereby amends the Import Policy of Areca Nut under ITC (HS) code 0802 80 10, 0802 80 20, 0802 80 30 and 0802 80 90 of Chapter 8 of ITC (HS) 2012 – Schedule-1 (Import Policy) as under:
The CIF value of Areca Nuts under the following Exim Codes of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) is revised from the present ‘Rs.110/- and above per Kilogram’ to ‘Rs. 162/- and above per Kilogram’. The revised entries shall be as under:
Exim Code
|
Item Description
|
Policy
|
Policy Conditions
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Areca Nuts:
|
|||
0802 80 10
|
Whole
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Free
|
Provided CIF value is Rs. 162/- and above per Kilogram.
|
0802 80 20
|
Split
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Free
|
Provided CIF value is Rs. 162/- and above per Kilogram.
|
0802 80 30
|
Ground
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Free
|
Provided CIF value is Rs. 162/- and above per Kilogram.
|
0802 80 90
|
Other
|
Free
|
Provided CIF value is Rs. 162/- and above per Kilogram.
|
2. Effect of this Amendment:
The minimum price for import of Areca Nuts is enhanced from existing Rs.110/- to Rs.162/- per Kilogram.
(Issued from File No.01/89/180/0043/AM-01/PC-2(A)(Vol-II)
(Pravir Kumar)
Director General of Foreign Trade