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The minimum price for import of Areca Nuts is enhanced from existing Rs.110/- to Rs.162/- per Kilogram - All About Finance

The minimum price for import of Areca Nuts is enhanced from existing Rs.110/- to Rs.162/- per Kilogram

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

NOTIFICATION No. 10/2015-2020  New Delhi, the 8th June, 2015.

S.O.
(E): 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

 Areca Nuts:

Policy

Policy Conditions

0802 80 10

Whole

Free

Provided CIF value is Rs. 162/-and above per Kilogram.

0802 80 20

Split

Free

Provided CIF value is Rs. 162/-and above per Kilogram.

0802 80 30

Ground

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.

(Pravir Kumar)
Director General of
Foreign Trade
E-mail: dgft@nic.in

 

(Issued from File No.01/89/180/0043/AM-01/PC-2(A)(Vol-II)

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