Amendment in import policy condition of Apples

Amendment in import policy condition of Apples

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

S.O.2127(E).—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 CodeItem
Description
Existing
policy
Revised Policy
Condition
Existing policy
condition
Revised policy condition
08081000-ApplesFreeProhibitedNilHowever, 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.

This issues with the approval of Minister of Commerce & Industry.

Notification

Read More Updates on DGFT

CA Cult