Supari Minimum Price Hiked to Rs. 162/kg from Rs. 110/kg
[DGFT
Notification No. 10 dated 8th June 2015]
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 |
Policy
|
Policy
Conditions |
|
|
Areca
Nuts: |
|
|
|
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.