Public Notice No. 08/2024-25

To be published in the Gazette of India Extraordinary Part-I, Section-I
Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade

Public Notice No. 08/2024-25

New Delhi, Dated the 3rd June, 2024

Subject: Amendment in Appendix - 6B of FTP/HBP, 2023. Regarding

In exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, the Director General of Foreign Trade hereby amends Para 10 (ii) of Appendix -6B of FTP/ HBP, 2023. The amendment in Appendix 6B is as follows:

Existing Paragraph

Amended Paragraph

(10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF EXPORT & IMPORT ITEMS:

(ii) A minimum value addition of 25% shall have to be fulfilled.

(10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF EXPORT & IMPORT ITEMS:

(ii) A minimum value addition of 25% shall have to be fulfilled in the case of spices only where both export as well as import items pertain to Chapter 9 of the ITC( HS) Code.

(iii) In all other cases the value addition will be 15%

2. Effect of this Public Notice:

To bring parity with provisions of Chapter 4 of the FTP/HBP regarding value addition for spices covered under Chapter 9 of the ITC(HS) Code, the provisions of Chapter 6 of the FTP/HBP (Appendix 6B) are being amended to the extent that in the case of spices, a minimum value addition of 25% shall have to be fulfilled only where both export as well as import item pertains to Chapter 9 of ITC( HS) Code. In all other cases, the value addition will be 15%.

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

(Issued from F.No. 01/92/180/92/AM24/PC-6/E-38426)