Minimum price for import of Areca Nuts is enhanced from existing ₹ 162/- to ₹ 251/- per Kilogram - 35/2015-2020 - Foreign Trade Policy

GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION No. 35/2015-2020 New Delhi, 17 January, 2017 S.O. 171 (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 Import Policy Conditions of arecanut under Exim Code 0802 80 of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) as under: 2. The CIF value of Areca Nuts under the following Exim Codes of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) is revised from the present '₹ 162/- and above per Kilogram' to '₹ 251/- and above per Kilogram'. The revised entries shall be as under: Exim Code Item Description Policy Policy Conditions Areca Nuts: 0802 80 10 Whole Free Provided CIF value is ₹ 251/- and above per Kilogram. 0802 80 20 Split Free Provided CIF value is ₹ 251/- and above per Kilogram. 0802 80 30 Ground Free Provided CIF value is ₹ 251/- and above per Kilogram. 0802 80 90 Other Free Provided CIF value is ₹ 251/- and above per Kilogram. 2. Effect of this Notification. The minimum price for import of Areca Nuts is enhanced from existing ₹ 162/- to ₹ 251/- per Kilogram. (A.K. Bhalla) Director General of Foreign Trade E-mail: deft @nic.in (Issued from File No.01/89/180/0043/AM-01/PC-2 (A) (Vol-II)