Edible Oil
Export Ban Extended Indefinitely
[DGFT Notification
No 24 (RE – 2012)/2009-2014 dated 19 October 2012]
Subject:
Extension of ban on export of edible oils till further orders.
In exercise of the powers
conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,
1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014
(as amended from time to time), the Central Government hereby amends, with
immediate effect, Sl. No. 92 of Schedule 2 of ITC(HS)
Classification of Export and 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. Now
the ban on export of edible oil is extended till further orders.
3. In relaxation of above
prohibition, certain exemptions have been granted through various notifications
issued from time to time namely (a) export of Castor Oil (b) export of coconut
oil through Cochin Port (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)
export of oil produced out of minor forest produce even if edible, ITC(HS) Code
15159010, 15159020, 15159030, 15159040, 15179010 and 15219020. These exemptions
will continue till further orders.
4. In addition, export of edible
oils in branded consumer packs of upto 5 Kgs with ceiling of 20,000 tons is permitted for the 12
month period ending on 30.09.2013. Such exports can take place only through
Custom EDI Ports.
5. Effect of this
notification:
Prohibition on export of edible
oils has been extended till further orders. But, the same will not apply to relaxations/exemption as mentioned in para
3 & 4 above. Export of fish oil continues to be free as per Notification
No. 60 dated 20.11.2008.