STC Removed as Canalising Agency for Import of Copra and Coconut Oil from
21 Dec. 2020
[DGFT Notification
No. 46/2015-2020 dated 21 December 2020]
Effect
of this Notification: Import of Copra under HS Code 1203 00 00 is allowed
through MMTC; while import of Coconut oil-under HS codes 1513 11 00 (Crude) and
1513 19 00 (Others) is allowed through STEs, except STC.
Subject:
Amendment in Import Policy Condition for denotifying
STC as an STE for import of Copra and Coconut Oil under Chapter 12 and 15 of ITC
(HS), 2017, Schedule - I (Import Policy).
S.O.
(E): 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 policy
conditions of the following Exim Codes as under:
|
Exim Code |
Item Description |
Policy |
Existing Policy
Condition |
Revised Policy
Conditions |
|
1203 00 00 |
Copra |
State Trading Enterprise |
Import allowed through STC subject to Para 2.20 of Foreign
Trade Policy. |
Import allowed through MMTC subject to Para 2.20 of
Foreign Trade Policy. |
|
1513 11 00 |
Coconut (copra) oil and its fractions : -- Crude oil |
State Trading Enterprise |
Import allowed through STE subject to Para 2.20 of
Foreign Trade Policy |
Import allowed through STE, except STC, subject to Para 2.20 of Foreign Trade Policy. |
|
1513 19 00 |
Coconut (copra) oil and its fractions : -- |
State Trading Enterprise |
Import allowed through STE subject to Para 2.20 of
Foreign Trade Policy |
Import allowed through STE, except STC subject to Para 2.20 of Foreign Trade Policy. |
This
issues with the approval of Minister of Commerce & Industry.