Procedure for Allocation of TRQ for 20
Lakh MT each of Crude Soya bean oil and
Crude Sunflower oil for FY 2022-23 and 2023-24 Notified
·
AU Condition Imposed
·
Quota for one year based on capacity
to be issued
·
DGFT Invites Fresh
Applications for Allocation of said Tariff Rate Quotas (TRQ) during FY 2022-23
with effect from 27.05.2022 and not later than 18.06.2022
[DGFT
Public Notice No. 10/2015-20 dated 24 May 2022]
Effect of Public Notice: Provisions for
allocation of Tariff Rate Quota (TRQ) for 20 Lakh MT of Crude Soya bean oil and
20 Lakh MTs of Crude Sunflower oil for FY 2022-23 and 2023-24 has been
notified.
Subject:
Allocation of Tariff Rate Quota for Import of Crude Soya bean Oil and Crude
Sunflower Oil
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 notifies the provisions for import of Crude Soyabean
Oil and Crude Sunflower Seed Oil under Tariff Rate Quota(TRQ) by amending para
2.60 and 2.61 of the Handbook of Procedures as follows.
1. The following provision is inserted as para 2.60(b) of
the Hand book of procedures: Tariff Rate Quota(TRQ) Imports shall be allocated
during financial years 2022-23 and 2023-24, up to quantities per year as
indicated below. 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.
|
Item Description |
ITC(HS) |
TRQ per Year (in MT) |
|
Crude Soya-bean oil, whether or not
degummed |
1507 10 00 |
20,00,000 |
|
Crude Sunflower seed oil |
1512 11 10 |
20,00,000 |
2. The following
provision is inserted as para 2.61(d) of the Hand book of procedures:
DGFT invites fresh
applications for allocation of said Tariff Rate Quotas(TRQ)
during FY 2022-23 with effect from 27.05.2022 and not later than 18.06.2022 as
follows-
i. Applications where
the date of issuance of their Importer-Exporter Code (IEC) is on or after the
date of this Public Notice shall not be considered.
ii. The applications shall be considered on Actual User basis to
processors/refiners only based upon their own processing capacity.
iii. For each processing unit, applicants shall provide a self-certified
copy of documentary proof issued by Central/State Authorities, indicating its
processing capacity. The certificate should be dated prior to issue of this Public
Notice. The process capacity for Crude Sunflower Oil or Crude Soya Oil should
be clearly mentioned in the said certificates.
iv. Applicants shall also provide a valid FSSAI License for the said
categories.
v. Only one application against one IEC shall be considered.
vi. The TRQs shall be valid for 1 year from the date of Issuance.
3. Applications for allocation
during FY 2023-24 shall be invited separately at subsequent dates.
4. The TRQ for each
eligible applicant shall be notified as per the decision of the EXIM
Facilitation Committee under para 2.51 of the HBP 2015-20. The EFC, while
examining the applications, will take into considerations; inter alia, the
monthly/annual processing capacity of the applicant. DGFT reserves the right to
make any changes in the allocation at any point of time, as deemed fit.
[Issued from File No.
01/89/180/36/AM-14/PC-2[A]/Part-II/E- 32035]