To be published in the Gazette of India 1 Extraordinary Part-II, Section-3, Sub-Section (II)

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade

Notification No. 48 /2015-2020
New Delhi, Dated: 08th December, 2022

Subject: Amendment in Import Policy Condition for de-notifying MMTC as a STE^ for import of Copra under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy).

S.O. (E): In exercise of powers conferred by Section 3 and 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government, hereby amends the Policy Condition of HS Code 12030000 under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy), as under:

Exim Code Item Description Policy Existing Policy Condition Revised Policy Condition
12030000 Copra State Trading Enterprise Import allowed through MMTC subject to Para 2.20 of Foreign Trade Policy Import allowed through NAFED sunject to Para 2.20 of Foreign Trade Policy

2. Effect of this Notification:

MMTC has been de-notified as a STE. Henceforth, import of Copra under HS Code 12030000 shall be allowed through NAFED.

This issues with the approval of Minister of Commerce & Industry.

(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex- officio Addl. Secretary to the Government of India
E-mail: dgft@nic.in

(Issued from F. No. 01/89/180/Misc-37/AM-07/PC-2[A]/Part-V./E-25648)