Agar Wood and Agar Oil Export Restricted, Licence
only from Artificially Cultivated Source and Forest Dept
Clearance
• Export
policy of Agar Oil and Agarwood
(Aquilaria Malaccensis)
Chips and Powder has been amended from Free to Restricted
with immediate effect.
• Export
Quota of 25000 Kg per annum for
Agarwood (Aquilaria Malaccensis) Chips and
Powder and Export
Quota of 1500 Kg per annum for Agar Oi l has been notified.
• The
policy condition regarding export of Agarwood (Aquilaria
Malaccensis) Chips
and Powder and Agar Oil has also been notified.
[Notification
No. 45/2015-2020 Dated 29 November 2021]
Subject: Amendment in Export Policy of Agar Oil and Agarwood
Chips and Powder obtained from artificially propagated source and insertion of
policy conditions
S.O. (E) In exercise of powers conferred by Section 3
read with Section 5 of the Foreign Trade (Development & Regulation) Act,
1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign
Trade Policy, 2015-20, the Central Government hereby makes following amendment
in the Chapter 12 and Chapter 33 of Schedule - 2 of ITC (HS) Export Policy,
2018 related to Agarwood:
(Issued from F.No. Ol/911180/60/AM21/EC /E-26475)