MEP on Areca Nuts Enhanced to Rs. 251/kg from Rs. 162/kg
[DGFT Notification No.
35 dated 17th January 2017]
Effect of this
Notification. The minimum price for import of Areca Nuts is
enhanced from existing Rs. 162/- to Rs. 251/- per Kilogram.
In exercise of powers
conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01
of the Foreign Trade Policy, 2015-2020, as amended from time to time, the
Central Government hereby amends the Import Policy Conditions of arecanut under Exim Code 0802 80 of Chapter 8 of ITC (HS)
2012, Schedule 1 (Import Policy) as under:
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.162/- and above per Kilogram' to 'Rs.251/- 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.251/- and above per Kilogram. |
|
0802
80 20 |
Split |
Free |
Provided
CIF value is Rs.251/- and above per Kilogram. |
|
0802
80 30 |
Ground |
Free |
Provided
CIF value is Rs.251/- and above per Kilogram. |
|
0802
80 90 |
Other |
Free |
Provided
CIF value is Rs.251/- and above per Kilogram. |