Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023 - DGFT - 60/2015-2020

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE NO. 60/2015-2020 New Delhi, the 01 st March, 2023 Subject: Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023 -reg. In exercise of the powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy 2015-2020 , the Director General of Foreign Trade hereby revises the provisions relating to Tariff Rate Quota (TRQ) for import of Crude Sunflower Seed Oil by amending Para 2.60 and 2.61 of the Handbook of Procedures as notified earlier vide Public Notice 10/2015-20 dated 24.05.2022 , Public Notice 15/2015-20 dated 14.06.2022 and Public Notice 50/2015-20 dated 11.01.2023 , as follows: Para Existing Provision Revised Provision 2.60(b) Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during financial year 2022-23 only. Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during financial year 2022-23 only. Item Description ITC (HS) TRQ per Year (in MT) Crude Soya-bean oil, w/n degummed 1507 10 00 20,00,000 Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during financial years 2022-23 and 2023-24, Item Description ITC (HS) TRQ per Year (in MT) Crude Sunflower seed oil 1512 11 10 20,00,000 The duty exemption under the said TRQs may be availed as per Ministry of Finance (Department of Revenue) Notification No. 30/2022-Customs dated 24.05.2022. Item Description ITC (HS) TRQ per Year (in MT) Crude Soya-bean oil, w/n degummed 1507 10 00 20,00,000 Crude Sunflower seed oil 1512 11 10 20,00,000 The duty exemption under the said TRQs may be availed as per Ministry of Finance (Department of Revenue) Notification No. 30/2022-Customs dated 24.05.2022. 2.61(d)(ix) The validity of TRQs issued during FY 2022-23 for import of Crude Soya-bean oil, w/n degummed under ITC (HS) 15071000 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Soya-bean oil TRQs till 30.06.2023. TRQs issued during FY 2022-23 for import of Crude Sunflower seed Oil under ITC(HS) 15121110 shall be valid for clearance of import for a period of one year or till 30.06.2023, whichever is earlier. TRQs issued for FY 2023-24 shall be valid for clearance of imports till 31.03.2024. The validity of TRQs issued during FY 2022-23 for import of Crude Soya-bean oil, w/n degummed under ITC (HS) 15071000 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Soya-bean oil TRQs till 30.06.2023. The validity of TRQs issued during FY 2022-23 for import of Crude Sunflower Seed Oil, under ITC (HS) 15121110 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Sunflower Seed Oil TRQs till 30.06.2023. 2.61(d)(xi) The un-utilized quantities i.e. quantities not imported by the TRQ Licencees by the end of the current import period, shall be deducted from their proposed allocations (in case allocation is considered) during the next TRQ period, i.e., 2023-24. -Deleted- Effect of Public Notice : Last date of Import of Crude Sunflower Seed Oil (ITC(HS) 15121110) under TRQ has been revised to 31.03.2023. Further, no TRQs shall be allocated for import of Crude Sunflower Seed Oil in Financial Year 2023-24. SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex- officio Addl. Secy. [Issued from File No. 01/89/180/36/AM-14/PC-2[A]/Part-II/E- 32035]