MM TAX CLUB

Accounting & Tax Consultancy Firm

Amendment in import policy condition of Apples | DGFT Notifications

Import of apple in india

Amendment in import policy condition of Apples under ITC (HS) 08081000 of Chapter-08 of ITC (HS), 2022, Schedule-I (Import Policy)

Notification No. 5/2023 Dated: 8th May, 2023

In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby amends the import policy condition under ITC(HS) 08081000 of Chapter-08 of ITC (HS), 2022, Schedule-I (Import Policy) as under:

HS Code

Item Description

Existing Policy

Revised Policy Condition

Existing Policy Condition

Revised Policy Condition

08081000

-Apples

Free

Prohibited

Nil

However, import is ‘Free’ if CIF value is above Rs.50/- per kilogram.

Minimum Import Price (MIP) conditions shall not be applicable for imports from Bhutan.

Effect of this Notification: Import of Apples under ITC (HS) 08081000 is ‘Prohibited’ wherever the CIF Import Price is less than equal to Rs. 50/- per kilogram. Minimum Import Price (MIP) conditions shall not be applicable for imports from Bhutan.

Notification

Add Comments


Enter Name :
Email :
Message :
Comments

No Comments..