[To be published in the Gazette of India Extraordinary Part-I, Section -I]

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi

Public Notice No. 60/2015-2020
Dated the 01st March, 2023

Subject: Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023 -reg

In exercise of the powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby revises the provisions relating to Tariff Rate Quota (TRQ) for import of Crude Sunflower Seed Oil by amending Para 2.60 and 2.61 of the Handbook of Procedures as notified earlier vide Public Notice 10/2015-20 dated 24.05.2022, Public Notice 15/2015-20 dated 14.06.2022 and Public Notice 50/2015-20 dated 11.01.2023, as follows:

Para

Existing Provision

Revised Provision
2.60 (b) Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during financial year 2022-23 only.

Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during financial year 2022-23 only.

Item Description

ITC(HS) TRQ     per Year     (in MT)

Item
Description

 

ITC(HS) TRQ per Year (in MT)
Crude   Soya­bean oil, w/n degummed 15071000 20,00,000 Crude Soya-bean oil, w/n degummed 1507 10 00 20,00,000

Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during financial years 2022-23 and 2023-24,

Crude Sunflower seed oil 1512 11 10 20,00,000

Item

Description
TC(HS) TRQ     per Year (in MT)

The duty exemption under the said TRQs  may  be  availed  as  per Ministry of Finance (Department of Revenue) Notification No. 30/2022-Customs dated 24.05.2022

Crude Sunflower seed oil 1512 11 10 20,00,000

The duty exemption under the said TRQs may be availed as per Ministry of Finance (Department of Revenue) Notification   No.   30/2022-Customs dated 24.05.2022.

2.61(d)(ix)

The validity of TRQs issued during FY 2022-23 for import of Crude Soya-bean oil, w/n degummed under ITC (HS) 15071000 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Soya-bean oil TRQs till 30.06.2023.
TRQs issued during FY 2022-23 for import of Crude Sunflower seed Oil under ITC(HS) 15121110 shall be valid for clearance of import for a period of one year or till 30.06.2023, whichever is earlier. TRQs issued for FY 2023-24 shall be valid for clearance of imports till 31.03.2024.
 

The validity of TRQs issued during FY 2022-23 for import of Crude Soya-bean oil, w/n degummed under ITC (HS) 15071000 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Soya-bean oil TRQs till 30.06.2023.

The validity of TRQs issued during FY 2022-23 for import of Crude Sunflower Seed Oil, under ITC (HS) 15121110 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Sunflower Seed Oil TRQs till 30.06.2023.

 

2.61(d)(xi) The    un-utilized    quantities    i.e., quantities not imported by the TRQ Licencees by the end of the current import period, shall be deducted from their proposed allocations (in case allocation is considered) during the next TRQ period, i.e., 2023-24. -Deleted-

Effect of Public Notice: Last date of Import of Crude Sunflower Seed Oil (ITC(HS) 15121110) under TRQ has been revised to 31.03.2023. Further, no TRQs shall be allocated for import of Crude Sunflower Seed Oil in Financial Year 2023-24.

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

[Issued from File No. 01/89/180/36/AM-14/PC-2[A]/Part-ll/E- 32035]