Amendment in export policy of edible oils - 8/2015-2020 - Foreign Trade Policy

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE UDYOG BHAWAN NOTIFICATION NO. 08/2015-2020 New Delhi, Dated: 18 May, 2016 Subject: Amendment in export policy of edible oils. S.O. (E) - In exercise of the powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 (No.22 of 1992) , as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20 , the Central Government, hereby, makes the following amendments, with immediate effect, to the Notification No17/2015-20 dated 06.08.2015 relating to SI. No. 92 of Schedule 2 of ITC (HS) Classification of Export Import Items: (i) Entry at Para 3(g) of the Notification No 17/2015-20 dated 06.08.2015 is amended to read as: Rice Bran oil in bulk, irrespective of any pack size. (ii) Entry at Para 4 of the said Notification is amended to read as: Export of edible oils (other than those mentioned in Para 3 of the said Notification) is permitted in branded consumer packs of upto 5 Kgs with a Minimum Export Price of USD 900 per MT. 2. Effect of this notification: Export of Rice Bran oil in bulk (irrespective of any pack size) has been exempted from the prohibition on export of edible oils. (Anup Wadhawan) Director General of Foreign Trade E-mail:dgft[at]nic[dot]in (Issued from F.No. 01/91/180/774/AM10/EC(Pt.)