Home India Ministry of Commerce and Industry In exercise of powers conferred under Paragraph 1 03 of the ...
Date: 2020-01-01 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred under Paragraph 1 03 of the Foreign Trade Policy

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** Public Notice No. 53/2015-2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, dated January 1, 2020, announces amendments to ad-hoc norms for the export of Cashew Kernels (whole and pieces) against the import of Shelled Cashew Kernels. Specifically, the ad-hoc norms approved vide ALC minutes no. 819 dated 20-07-2018, Case No. M78, concerning M/s Olam Agro India Private Limited, Gurugram, are suspended with immediate effect. This suspension impacts the norms related to the export of Cashew Kernels (whole and pieces) against the import of Shelled Cashew Kernels. The amendments are made in exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended. Amit Yadav, Director General of Foreign Trade and Ex-officio Additional Secretary, has approved the issuance of this public notice.

Key Entities Referenced

Directorate General of Foreign Trade: An organization under the Ministry of Commerce and Industry, responsible for implementing the Foreign Trade Policy. Foreign Trade Policy 2015-2020: A policy document outlining guidelines and regulations for import and export activities. Cashew Kernels: The subject of the public notice, specifically regarding the import and export of whole and broken cashew kernels. Adhoc Input Output Norms: Specific standards and guidelines for import/export, in this case, related to cashew kernels. These norms determine the amount of input required for a certain output. Olam Agro India Private Limited, Gurugram, Haryana: A private company based in Gurugram, Haryana, that is directly affected by the public notice regarding adhoc norms. Amit Yadav: Director General of Foreign Trade, who issued the public notice. Ministry of Commerce and Industry: The government ministry responsible for foreign trade and commerce. New Delhi, Delhi: Location where the public notice was issued.
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