Amendment in Para 6.06 of HBP, 2023 – Public Notice No. 38
Amendment in Para 6.06 of HBP, 2023 – Public Notice No. 38 /2024-25
In exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in Para 6.06 (c) (ii) and Para 6.06 (c) (iii) of HBP, 2023:
| Para No. | Existing Para | Amended Para |
| 6.06 (c) (ii) | However, imported tea shall be utilized within a period of 6 months from date of import. Similarly, export obligation against import of items {covered by Chapter 9 of ITC(HS)} and coconut oil shall be fulfilled within a period of 90 days from the date on which first import consignment is cleared by Customs Authorities. | However, imported tea shall be utilized within a period of 6 months from the date of import. Similarly, export obligation against the import of items {covered by Chapter 9 of ITC(HS)} and coconut oil shall be fulfilled within a period of 6 months from the date on which the first import consignment is cleared by Customs Authorities. |
| 6.06 (c)(iii) | Further, in case of import of spices for Further, VA purpose like crushing / grinding /crushing sterilization or for manufacture of oils and oleoresins of pepper, cardamom and chillies (and not for simple cleaning, grading, re- packing etc.), EO shall be fulfilled within 120 days from the date of importation of first consignment. In case of import of spices (other than pepper, cardamom and chillies) for manufacture of spice oils and oleoresins, DO shall be fulfilled within 12 months. | Further, in case of import of spices for VA purposes like / grinding/sterilization or for the manufacture of oils and oleoresins of pepper, cardamom and chillies (and not for simple cleaning, grading, re-packing etc.), EO shall be fulfilled within 6 months from the date of importation of first consignment. In case of import of spices (other than pepper, cardamom and chillies) for the manufacture of spice oils and oleoresins, EO shall be fulfilled within 12 months. |
Effect of this Public Notice: To bring parity with provisions of Chapter 4 of the FTP/FIBP, 2023 the provisions of Para 6.06 (c)(ii) and Para 6.06(c)(iii) of the HBP, 2023 stand amended for ease of doing business.
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