Procedure for Applying RC for Import of Fresh Areca Nut from Bhutan without Minimum Import Price (MIP) Condition

[DGFT Public Notice No. 25/2015-20 dated 28 September 2022]

Effect of this Public Notice: Procedure for application/Issuance of Registration Certificate for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 without Minimum Import Price (MIP) condition from Bhutan have been notified.

Subject: Procedure for Registration Certificate for Import of Fresh (green) Areca Nut from Bhutan without Minimum Import Price (MIP) condition

S.O. (E): In exercise of powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby lays down the procedure for Application/Issuance of Registration Certificate (RC) for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 from Bhutan without Minimum Import Price (MIP) condition -

1. For the second half of the fiscal year 2022-23, pro-rata quantity of 8,500 MT of Fresh (green) Areca Nut may be imported without MIP from Bhutan. For the financial year 2023-24 onwards, a total of 17,000 MTs of Fresh (Green) Arcea Nut may be imported without MIP from Bhutan.

2. Before effecting any such imports, the Indian importer shall seek a Registration Certificate by applying on the DGFT Website - Services - Import Management System - Apply for Registration Certificate for Imports.

3. The maximum quantity permissible under a Registration Certificate will be 500 MTs. The importer(s) can apply for additional quantities once the quantities already registered have been duly imported.

4. RC shall be valid for a maximum period of 6 months or the end of the financial year, whichever is earlier. Further, DGFT reserves the right to make any changes in the modalities/allocation process at any point of time, as deemed fit.

[Issued from File No. 01/89/180/43/AM-01/PC-2[Al /Part-III/E-8258]