Home India Ministry of Commerce and Industry Discontinuation of Tariff Rate Quota for Import of Crude Sun...
Date: 01-Mar-2023 Category: Extra Ordinary State: Union Government Country: India

Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023

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

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Executive Summary & Key Takeaways

What it means

  • This Public Notice revises the provisions related to the Tariff Rate Quota (TRQ) for the import of Crude Sunflower Seed Oil by amending Para 2.60 and 2.61 of the Handbook of Procedures.
  • The last date for import of Crude Sunflower Seed Oil under TRQ has been revised to March 31, 2023.
  • No TRQs will be allocated for the import of Crude Sunflower Seed Oil in Financial Year 2023-24.

Key Changes

  • Tariff Rate Quota (TRQ) Imports for items shall be allocated during financial year 2022-23 only.
  • For Crude Soya-bean oil, the validity of TRQs issued during FY 2022-23 under ITC (HS) 15071000 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Soya-bean oil TRQs till 30.06.2023.
  • The validity of TRQs issued during FY 2022-23 for import of Crude Sunflower Seed Oil, under ITC (HS) 15121110 is revised to 31.03.2023. Bill of Lading dated on or before 31.03.2023 shall be allowed for imports under Crude Sunflower Seed Oil TRQs till 30.06.2023.
  • The un-utilized quantities i.e., quantities not imported by the TRQ Licencees by the end of the current import period, shall be deducted from their proposed allocations during the next TRQ period, i.e., 2023-24 is deleted.

Impact Analysis

Importers of Crude Sunflower Seed Oil

  • Any unutilized TRQ quantities from the 2022-23 period will no longer be deducted from future allocations, as this provision has been removed.

Consumers

  • Monitor price trends and adjust sourcing strategies as needed.

Government

  • The impact of this decision on overall edible oil availability and prices should be closely monitored.

Key Entities Referenced

Director General of Foreign Trade (DGFT): The authority issuing the public notice and responsible for revising the provisions related to Tariff Rate Quota (TRQ). Foreign Trade Policy 2015-2020: The policy under which the powers are conferred to the DGFT to make revisions. Handbook of Procedures: The document being amended by this public notice, specifically Para 2.60 and 2.61. Ministry of Finance (Department of Revenue): The entity that issued Notification No. 30/2022-Customs dated 24.05.2022, related to duty exemptions under the TRQ. Public Notice 10/2015-20 dated 24.05.2022: Previous notification related to TRQ. Public Notice 15/2015-20 dated 14.06.2022: Previous notification related to TRQ. Public Notice 50/2015-20 dated 11.01.2023: Previous notification related to TRQ.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01032023-244011 xxxGIDHxxx CG-DL-E-01032023-244011 xxxGIDExxx असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 57] नई दिल्ली, बुधवार, मार् च1, 2023/फाल्ग नु 10, 1944 No. 57] NEW DELHI, WEDNESDAY, MARCH 1, 2023/PHALGUNA 10, 1944 ubZ fnYyh] 1 ekpZ] 2023 II .—fon's k O;kikj uhfr 2015&2020 ds iSjk 1-03 vkSj 2-04 ds rgr çnŸk 'kfDr;¨a dk ç;¨x djrs gq, egkfuns'kd fon's k O;kikj ,rn}kjk lkoZtfud lwpuk la[;k 10@2015&20 fnukad 24-05-2022] lkoZtfud lwpuk la[;k 15@2015&20 fnukad 14-06-2022 vkSj lkoZtfud lwpuk la- 50@2015&20 fnukad 11-01-2023 }kjk igy s ;Fkk vf/klwfpr çfØ;k iqLrd ds iSjk 2-60 vkSj 2-61 eas la'kks/ku dj dPp s lwjteq[kh cht rys ds vk;kr gsrq iz'kqYd nj dksVk ¼VhvkjD;w½ ls lacaf/kr izko/kkuks a dks la'kksf/kr djr s gSa% 2-60 uhp s ;Fkk bafxr enks a ds fy, iz'kqYd nj dkVs k ¼VhvkjD;w½ uhp s ;Fkk bafxr enks a ds fy, iz'kqYd nj dksVk ¼[k½ vk;kr dsoy foÙkh; o"kZ 2022&23 ds nkSjku vkcafVr ¼VhvkjD;w½ vk;kr dsoy foÙkh; o"kZ ds fd;k tk,xkA nkSjku vkcafVr fd;k tk,xkA en fooj.k vkbZVhlh VhvkjD;w izfr en fooj.k vkbZVhlh VhvkjD;w izfr ¼,p,l½ o’kZ ¼eh-Vu eas½ ¼,p,l½ o’kZ ¼eh-Vu eas½ dPpk lks;kchu 1507 10 00 20,00,000 dPpk lks;kchu 1507 10 00 20,00,000 rys ] fMX;Ew M gks rys ] fMX;Ew M ;k ugha gks ;k ugha 1362 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] uhp s ;Fkk bafxr enks a ds fy, iz'kqYd nj dksVk dPpk lwjt 1512 11 10 20,00,000 ¼VhvkjD;w½ vk;kr foÙkh; o"kZ eq[kh cht rys ds nkSjku vkcafVr fd;k tk,xkA mi;qZDr VhvkjD;w ds rgr 'kqYd NwV dk ykHk foÙk en fooj.k vkbZVhlh VhvkjD;w izfr o’kZ e=a ky; ¼jktLo foHkkx½ }kjk tkjh vf/klwpuk la- ¼,p,l½ ¼eh-Vu ea½s 30@2022&lhek'kqYd fnukad 24-05-2022 ds vuqlkj fy;k tk,xkA dPpk lwjt eq[kh 1512 11 10 20,00,000 cht rsy mi;qZDr VhvkjD;w ds rgr 'kqYd NwV dk ykHk foÙk e=a ky; ¼jktLo foHkkx½ }kjk tkjh vf/klwpuk la- 30@2022&lhek'kqYd fnukad 24-05-2022 ds vuqlkj fy;k tk,xkA 2-61 dPpk lks;kchu rys ] MhX;ew M gks ;k u gks ds vk;kr ds dPpk lks;kchu rsy] MhX;ew M gks ;k u gks ds vk;kr ¼?k½ fy, foÙkh; o’kZ 2022&23 ds nkSjku tkjh VhvkjD;w dh ds fy, foÙkh; o’kZ 2022&23 ds nkSjku tkjh VhvkjD;w ¼ix½ oS/krk] vkbZVhlh ¼,p,l½ 15071000 ds rgr la'kksf/kr dj dh oS/krk] vkbZVhlh ¼,p,l½ 15071000 ds rgr 31-03-2023 dj nh xbZ gSA 31-03-2023 dk s ;k mlls la'kksf/kr dj 31-03-2023 dj nh xbZ gSA 31-02-2023 igy s ds ynku fcy dks dPp s lks;kchu rsy VhvkjD;w ds dks ;k mlls igy s ds ynku fcy dk s dPp s lks;kchu rgr 30-06-2023 rd vk;kr ds fy, vuqefr nh tk,xhA rys VhvkjD;w ds rgr 30-06-2023 rd vk;kr ds fy, vuqefr nh tk,xhA vkbZVhlh ¼,p,l½ 15121110 ds rgr dPp s lwjteq[kh ds cht ds rys ds vk;kr ds fy, foÙk o"kZ 2022&23 ds vkbZVhlh ¼,p,l½ 15121110 ds rgr dPp s lwjteq[kh nkSjku tkjh fd, x, VhvkjD;w ,d o"kZ dh vof/k ds fy, ds cht ds rys ds vk;kr ds fy, foÙk o"kZ 2022&23 ;k ds nkSjku tkjh fd, x, VhvkjD;w dh oS/krk dks 30-06-2023 rd] tk s Hkh igys gks] vk;kr dh fudklh ds la'kksf/kr dj 31-03-2023 dj fn;k x;k gSA 31-03- fy, ekU; gksxa sA foÙk o"kZ 2023&24 ds fy, tkjh 2023 dk s ;k mlls igys ds ynku fcy dk s dPp s VhvkjD;w 31-03-2024 rd vk;kr dh fudklh ds fy, lwjteq[kh ds cht ds rys VhvkjD;w ds rgr 30-06- 2023 rd vk;kr ds fy, vuqefr nh tk,xhA ekU; gksxa s। 2-61 mi;ksx ugha dh xbZ ek=k,a vFkkZr] orZeku vk;kr vof/k gVk;k x;kA ¼?k½ ds var rd VhvkjD;w ykblsal/kkfj;ks a }kjk vk;kr ugha dh ¼xi½ xbZ ek=k] vxy s VhvkjD;w vof/k] vFkkZr] 2023&24 ds nkSjku muds izLrkfor vkoaVu ¼;fn vkoaVu ij fopkj fd;k tkrk gS½ ls ?kVk nh tk,xhA VhvkjD;w ds rgr dPp s lwjteq[kh ds cht ds rys ¼vkbZVhlh ¼,p,l½ 15121110½ ds vk;kr dh vafre frfFk dks la'kksf/kr dj 31-03-2023 dj fn;k x;k gSA blds vykok] foÙkh; o’kZ 2023&24 eas dPp s lwjteq[kh ds cht ds rys ds vk;kr ds fy, dkbs Z VhvkjD;w vkoafVr ugha fd;k tk,xkA larks"k dqekj lkajxh] egkfuns'kd] fons'k O;kikj ,oa inus vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 1st March, 2023 No. 60/ 2015-20 Subject : Discontinuation of Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023 -reg. F. No. 01/89/180/36/AM-14/PC-2[A]/Part-II/E- 32035.—In exercise of the powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby revises the provisions relating to Tariff Rate Quota (TRQ) for import of Crude Sunflower Seed Oil by amending Para 2.60 and 2.61 of the Handbook of Procedures as notified earlier vide Public Notice 10/2015-20 dated 24.05.2022, Public Notice 15/2015-20 dated 14.06.2022 and Public Notice 50/2015-20 dated 11.01.2023, as follows:[भाग I—खण् ड 1] भारत का रािपत्र : असाधारण 3 Para Existing Provision Revised Provision 2.60 (b) Tariff Rate Quota (TRQ) Imports for items as Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during indicated as follows, shall be allocated during financial year 2022-23 only. financial year 2022-23 only. Item Description ITC(HS) TRQ per Year Item ITC(HS) TRQ per Year (in MT) Description (in MT) Crude Soya-bean oil, 1507 10 00 20,00,000 w/n degummed Crude Soya- 1507 10 00 20,00,000 bean oil, w/n degummed Tariff Rate Quota (TRQ) Imports for items as indicated as follows, shall be allocated during Crude 1512 11 10 20,00,000 financial years 2022-23 and 2023-24, Sunflower Item Description ITC(HS) TRQ per Year seed oil (in MT) Crude Sunflower 1512 11 10 20,00,000 seed oil The duty exemption under the said TRQs may be availed as per Ministry of Finance (Department of Revenue) Notification No. The duty exemption under the said TRQs may be 30/2022-Customs dated 24.05.2022. availed as per Ministry of Finance (Department of Revenue) Notification No. 30/2022-Customs dated 24.05.2022. 2.61(d)(ix) The validity of TRQs issued during FY 2022-23 for The validity of TRQs issued during FY 2022-23 import of Crude Soya-bean oil, w/n degummed under for import of Crude Soya-bean oil, w/n ITC (HS) 15071000 is revised to 31.03.2023. Bill of degummed under ITC (HS) 15071000 is revised Lading dated on or before 31.03.2023 shall be allowed to 31.03.2023. Bill of Lading dated on or before for imports under Crude Soya-bean oil TRQs till 31.03.2023 shall be allowed for imports under 30.06.2023. Crude Soya-bean oil TRQs till 30.06.2023. TRQs issued during FY 2022-23 for import of Crude The validity of TRQs issued during FY 2022-23 Sunflower seed Oil under ITC(HS) 15121110 shall be for import of Crude Sunflower Seed Oil, under valid for clearance of import for a period of one year ITC (HS) 15121110 is revised to 31.03.2023. or till 30.06.2023, whichever is earlier. TRQs issued Bill of Lading dated on or before 31.03.2023 for FY 2023-24 shall be valid for clearance of imports shall be allowed for imports under Crude till 31.03.2024. Sunflower Seed Oil TRQs till 30.06.2023. 2.61(d)(xi) The un-utilized quantities i.e., quantities not imported -Deleted- by the TRQ Licencees by the end of the current import period, shall be deducted from their proposed allocations (in case allocation is considered) during the next TRQ period, i.e., 2023-24. Effect of Public Notice: Last date of Import of Crude Sunflower Seed Oil (ITC (HS) 15121110) under TRQ has been revised to 31.03.2023. Further, no TRQs shall be allocated for import of Crude Sunflower Seed Oil in Financial Year 2023-24. SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex- officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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