Maize
Import Quota for 4 lakh MT Released
[DGFT
Trade Notice No. 25 dated 9th July 2019]
Subject:
Imports of Maize (feed grade) under the TRQ Scheme for 2019-20.
Reference
is invited
to Trade Notice
No.02/2019-20
dated 3rd April, 2019
wherein modalities
were
laid down for allocation of quota for import of 1 lakh MT of feed grade
Maize (corn)
under TRQ and
Trade Notice No.18/2019-20 dated 14th June, 2019 wherein the quota of 1 lakh MT was equally
distributed amongst MMTC and NAFED, subject to the condition mentioned in
Trade Notice
No.02/2019-20
dated 3rd April, 2019.
2. Subsequently, further
representations have been received from poultry sector and Govt. of Karnataka
seeking an increase in the quota allocation taking into consideration the
demand and supply scenario of feed grade Maize (dent corn) in the domestic
market. Keeping in view the urgency, the Government has decided to
allocate another 4 lakh MT of feed grade Maize (dent corn) to be imported
under
TRQ with the following relaxations I conditions:
(a) Import
of 4 lakh MT of feed - grade Maize (dent corn) under TRQ is
allowed,
(b) Applications
invited from STEs under 2.61 (b) of HBP, 2015-20, for import of feed - grade
Maize (dent
corn) under
the TRQ
scheme @ 15% Customs
duty and meant only for Actual Users. Import for trading
purpose
is not allowed.
(c) Date of
submission of
application from STEs is extended up to 31st
August, 2019 in relaxation of the provision of Para 2.62 of
HBP, 2015-20.
3. This
issues with
the approval of competent authority.