DGFT notifies Import Policy Condition of Areca Nuts (whole) [Read Notification]
DGFT notifies Import Policy – Condition of Areca Nuts (whole) – TAXSCANDGFT notifies Import Policy – Condition of Areca Nuts (whole) – TAXSCAN
DGFT notifies Import Policy – Condition of Areca Nuts (whole) – TAXSCANDGFT notifies Import Policy – Condition of Areca Nuts (whole) – TAXSCAN
The Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry, vide notification no. 17/2023 (S.O. 2902(E)) issued on 3rd July 2023 revised import policy condition of Areca Nuts (whole).
The Central Government hereby modified the import policy requirements for goods falling under ITC HS 0802 80 10 of Chapter 08 of ITC (HS), 2022, Schedule - I (Import Policy) using the authority granted by Section 3 in conjunction with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, as well as paragraphs 1.02 and 2.01 of the Foreign Trade Policy 2023, which have been periodically modified.
According to the notification, the Import of 17,000 Metric Tonnes of Fresh(green) Areca nuts without a Minimum Import Price (MIP) condition from Bhutan shall also be allowed through LCS Chamurchi (INCHMB).
Also stated that, the conditions set forth in DGFT Notification no. 36/2015-2020 dated 28.09.2022 read with Public Notice No. 61/2015-2020 dated 20.03.2023 are also applicable for LCS Chamurchi.
| ITC(HS) Code & Description | Existing Policy | Existing Policy condition | Revised Policy Condition |
| 08028010 - Areca nuts: --- Whole | Prohibited | a) However, import is Free if CIF value is Rs. 351/- or above per Kilogram. b) MIP conditions, however, will not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZ subject to the condition that no DTA sale is Allowed. c) Import of 17,000 Metric Tonnes of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall be allowed from Bhutan every year. Such imports are allowed only: i) through LCS Jaigaon (INJIGB) only, and, ii) shall be subject to a valid Registration Certificate issued by DGFT. | a) However, import is Free if CIF value is Rs. 351/- or above per Kilogram. b) MIP conditions, however, will not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZ subject to the condition that no DTA sale is Allowed. c) Import of 17,000 Metric Tonnes of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall be allowed from Bhutan every year. Such imports are allowed only: i) through LCS Jaigaon (INJIGB) and LCS Chamurchi(INCHMB) only, and, ii) shall be subject to a valid port specific Registration Certificate issued by DGFT. |
To Read the full text of the Order CLICK HERE
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