Homeβ€Ί Indiaβ€Ί Ministry of Commerce and Industryβ€Ί Amendment in import policy condition of items under HS Code ...
Date: 2022-12-28 Category: Not Applicable State: Union Government Country: India

Amendment in import policy condition of items under HS Code 1511 90 of Chapter 15 of ITC (HS), 2022, Schedule – I (Import Policy)

Issued by Ministry of Commerce and Industry Β· Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

**Policy Summary: Amendment in Import Policy Condition for Palm Oil Products (HS Code 1511 90)** **Effective Date:** December 28, 2022 **Issuing Authority:** Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. **Subject:** Revision of import policy conditions for items classified under HS Code 1511 90 of Chapter 15 of ITC (HS), 2022, Schedule I (Import Policy). **Key Changes:** * **Extension of Free Import Policy:** The existing free import policy for refined bleached deodorized palm oil (HS Code 15119010), refined bleached deodorized palmolein (HS Code 15119020), and other related items (HS Code 15119090) is extended beyond December 31, 2022, until further notice. * **Restriction on Imports via Kerala Ports:** The existing restriction on imports of these items through any port in Kerala remains in effect. **HS Codes Affected:** * 15119010: Refined bleached deodorized palm oil * 15119020: Refined bleached deodorized palmolein * 15119090: Other (Palm Oil Products) **Legal Basis:** This notification is issued in exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (FTDR Act, 1992), and read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended. **Contact:** For further information, contact the Directorate General of Foreign Trade at dgft@nic.in. The file number for reference is F.No. 01/89/180/Misc-52/AM06/PC-2[A]/Part-I.

Key Entities Referenced

Directorate General of Foreign Trade: The issuing authority of the notification under the Ministry of Commerce and Industry. Foreign Trade Policy, 2015 2020: The prevailing foreign trade policy under which the notification is issued. FTDR Act, 1992: Foreign Trade (Development and Regulation) Act, 1992, the legal basis for the notification. ITC HS, 2022: Indian Trade Classification based on Harmonized System of Coding, 2022, which is used to classify the items. HS Code 1511 90: The Harmonized System code for the items being regulated (palm oil and its fractions). Kerala: A state in India where imports through any port are not permitted for certain items under HS Code 1511 90. Santosh Kumar Sarangi: Director General of Foreign Trade and Ex officio Additional Secretary to the Government of India. Minister of Commerce Industry: The approving authority for the changes in import policy.
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To be published in the Gazette of India Extraordinary Part-Il, Section-3, Sub-Section (II) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 51 /2015-2020 New Delhi, Dated: 28" December 2022 Subject: Amendment in import policy condition of items under HS Code 1511 90 of Chapter 15 of ITC (HS), 2022, Schedule β€” | (Import Policy). S.0O.: In exercise of powers conferred by Section 3 read with Section 5 of FT (D&R) Act, 1992, and 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 revises the import policy condition of the following items under HS Code 1511 90 of Chapter 15 of ITC (HS), 2022, Schedule β€” | (Import Policy), as under: ITC(HS) {Item Import | Existing Policy|Revised Policy Code Description Policy jcondition condition 151190 |Other: 15119010 |Refined Free β€”_|lmport is free for a period|Import is free until bleached up to 31.12.2022 .Ifurther .. orders. deodorised palm Imports are not permitted|Imports are not oil through any port inipermitted through any; Kerala. port in Kerala. 15119020 |Refined Free __jimport is free for a period|import is free until bleached up to 31.12.2022 .|further ., orders. ideodorised Imports are not permitted|Imports are not palmolein through any port injpermitted through any; Kerala. port in Kerala. 15119090 |Other Free __|Import is free for a period|iImport is free until up to 31.12.2022 Jfurther orders. Imports are not permitted|Imports are not through any port injpermitted through any; Kerala. port in Kerala. Effect of the Notification: β€œFree” import policy of items under HS code 15119010, 15119020 and 15119090 is extended beyond 31.12.2022 until further orders. This issues with the approval of Minister of Commerce & Industry. (Santosh Kumar Sarangi) Director General of Foreign Trade & Ex- officio Addl. Secretary to the Government of India E-mail: dgft@nic.in (F.No. 01/89/180/Misc-52/AM-06/PC-2(A)/Part-l. /E-19847)

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