Rice Bran Oil Export in Bulk Permitted
Ceiling (10,000MT) on Export of Organic Edible Oil Removed –
Contract Registration with APEDA Required
[Ref:
Notification No 17 /2015-20 Dated 6 August, 2015]
Subject:
Amendment in export policy of edible oils.
In exercise of the powers conferred by
Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22
of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20,
the Central Government hereby amends, with immediate effect, Notification No
22(RE-2013)/2009-14 dated 18.06.2013 read with Notification No
108(RE-2013)/2009-14 dated 06.02.2015 relating to Sl. No. 92 of Schedule 2 of
ITC(HS) Classification of Export & Import Items.
2. Export of edible oils was initially
prohibited for a period of one year with effect from 17.03.2008 vide
Notification No. 85 dated 17.03.2008 which was extended from time to time. Vide
Notification No. 24(RE-2012)/2009-14 dated 19th October 2012,
prohibition on export of edible oil has been extended till further orders.
3. Following exemptions are permitted
from the prohibition on export of edible oils:
(a) Castor oil
(b) Coconut oil from all EDI Ports and
through all Land Custom Stations (LCS) on Indo-Nepal, Indo-Bangladesh, Indo-Bhutan
and Indo-Pakistan borders.
(c) Deemed export of edible oils (as
input raw material) from DTA to 100% EOUs for production of non-edible goods to
be exported
(d) Edible oils from Domestic Tariff
Area (DTA) to Special Economic Zones (SEZs) to be consumed by SEZ units for
manufacture of processed food products, subject to applicable value addition
norms
(e) Edible oils produced out of minor
forest produce, ITC(HS) Code 15159010, 15159020,
15159030, 15159040, 15179010 and 15219020.
(f) Organic edible oils subject to
export contracts being registered and certified as ‘Organic’ by Agricultural
& Processed Food Products Export Development Authority (APEDA).
(g) Rice Bran oil in bulk.
4. Export of edible oils in branded
consumer packs of upto 5 Kgs
is permitted with a Minimum Export Price of USD 900 per MT.
5. The prohibition will not apply to
export of Peanut Butter, ITC (HS) Code 15179020. [This already stands notified at
Sl. No. 10 of the Table in Para 1 of Notification No. 31(RE-2012)/2009-14 dated
4th February, 2013]
6.
Effect of this notification:
Export of Rice Bran oil in bulk has
been exempted from the prohibition on export of edible oils. Also, the quantity
ceiling on export of organic edible oils has been removed.