Minimum Import Price (MIP) Continues on Cashew Kernel (Broken / Whole)

· MIP Conditions shall not be Applicable for Imports by 100% Export Oriented Units (EOUs) and Units in the SEZs subject to the condition that No DTA Sale is Allowed

· Import of Cashew Kernel below CIF Value Rs. 680 per kg Prohibited

[DGFT Notification No. 59 /2015-2020 dated 21 February, 2023]

Effect of this Notification: Minimum Import Price (MIP) on Cashew kernel (broken / whole) will not be applicable for imports by 100% Export Oriented U nits (EOUs) and units in the SEZs subject to the condition that the imported Cashew Kernels arc not sold into Domestic Tariff Area (DTA).

Subject: Amendment in Import Policy condition of Cashew Kernels (broken / whole)

S.O. (E): In exercise of powers conferred by Section 3 read with section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.0 I of the Foreign Trade Policy (FTP) 2015-2020, as amended from time to time, the Central Government hereby amends the import policy condition of cashew kernels (broken) under JTC(IIS) Code 08013210 and cashew kernel (whole) under ITC(IIS) Code 08013220 under Chapter-08 of lTC (HS) 2022, Schedule 1 (Import Policy) as under:

ITC(HS) Code	Description	Import Policy	Existing Import Policy	Revised Import Policy
0801 32 10	Cashew kernel, broken	Prohibited	However, import is free if CIF value is above Rs. 680/- per Kg	1. However, import is free if CIF value is above Rs. 680/- per Kg 2. MIP conditions, however, shall not be applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZ. 3. SEZs and EoUs units shall not be allowed to sell the imported Cashew Kernels into Domestic Tariff Area (DTA).
0801 32 20	Cashew kernel, whole	Prohibited	However, import is free if CIF value is above Rs. 720/- per Kg	1. However, import is free if CIF value is above Rs. 720/- per Kg 2. MIP conditions, however, shall not be applicable for imports by 100% Export Oriented Units (EOU s) and units in the SEZ. 3. SEZs and EoUs units shall not be allowed to sell the imported Cashew Kernels into Domestic Tariff Area (DTA).

This issues with the approval of Minister of Commerce & Industry.

[File No. 01/89/180/05/AM-20/PC.II(A)/E-28980]