MEP of Rs. 288/kg on Broken Cashew Kernel and Rs. 400/kg on Cashew Kernel Whole Notified

[DGFT Notification No. 53 dated 2nd December 2013]

In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes the following amendment in Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy):

2.  The minimum CIF value of Cashew Kernels under the following HS Codes of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) per Kilogram is fixed as under:

HS Code

Item Description

Minimum CIF Value (Per Kg.)

0801 32 10

Cashew kernel, broken

Rs.288/-

0801 32 20

Cashew kernel, whole

Rs.400/-

Effect of this amendment

The minimum price for import of Cashew Kernel (brokens) and Cashew Kernel (wholes) is fixed to Rs. 288/-per Kg. and Rs 400/-per Kg. respectively.