Cashew Kernel Broken or Whole Import Prohibited if CIF Value is below Rs. 680 per kg (Broken) and Rs. 720 per kg (Kernel Whole)

    MIP of Cashew Kernel (Broken/Whole) Enhanced

[DGFT Notification No. 8/2015-2020 dated 12 June 2019]

Effect of the Notification: Minimum Import Price of Cashew kernel (broken I whole) enhanced.

Subject: Amendment in import policy conditions of cashew kernels (broken/whole)

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, as amended from time to time, the Central Government hereby amends the import policy conditions of cashew kernels (broken) against HS Code 08013210 and cashew kernel (whole) against HS Code 08013220 under Chapter 8 of ITC (HS) 2017, Schedule -I (Import Policy.

Exim Code

Item Description

Present Policy

Revised Policy

Existing Policy Condition

Revised Policy Condition

08013210

Cashew kernel, broken

Free

Prohibited

Minimum CIF Value (Per Kg.) is Rs.288/-

However, import is free if CIF value is above Rs.680/- per KG.

08013220

Cashew kernel, whole

Free

Prohibited

Minimum CIF Value (Per Kg.) is Rs.400/-

However, import is free if CIF value is above Rs.720/- per KG.

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

(F.No. M-5898/AM-03/PC-2 (A) Vol.ll- P-13393)

Note: The principal notification No. 36/2015-2020, dated the 17th January, 2017 was published in the Gazette of India, Extraordinary vide number S.O. 172 (E), dated the 17th January, 2017.