Supari Minimum
Price Hiked to Rs. 110 from Rs.
75 per kg
[DGFT Notification No. 12 dated 13th May
2013]
In exercise of powers conferred under Section 5 of
the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1
of the Foreign Trade Policy, 2009-2014, as amended from time to
time, the Central Government hereby makes the following amendment in Chapter 8
of ITC (HS) 2012, Schedule 1 (Import Policy):
2. 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.75/- and above per Kilogram’ to
‘Rs. 110/- 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. 110/- and above per
Kilogram. |
|
0802 80
20 |
Split |
Free |
Provided
CIF value is Rs. 110/- and above per
Kilogram. |
|
0802 80
30 |
Ground |
Free |
Provided
CIF value is Rs. 110/- and above per
Kilogram. |
|
0802 80
90 |
Other |
Free |
Provided
CIF value is Rs. 110/- and above per
Kilogram. |
2. Effect of this Amendment
The minimum
price for import of Areca Nuts is enhanced from existing Rs.
75/- to Rs. 110/- per Kilogram.