(To be published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section (ii))
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
Notification No 8/2015-20
New Delhi, Dated: 18th 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 No1. 7/2015-20 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/AMIO/EC (Pt.)