Executive Summary:
This notification issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, amends the export policy of edible oils. Effective immediately, it removes the prohibition on the export of all varieties of edible oils except mustard oil until further notice. This change is made under the Foreign Trade Development and Regulation Act of 1992 and the Foreign Trade Policy of 2015-2020.
Key Points / Main Content:
Amendment to Export Policy:
* Prohibition removed on the export of all types of edible oils, excluding mustard oil.
* This policy change is effective immediately.
* The policy remains in effect until further notice.
Superseded Notifications:
* This notification supersedes several previous notifications related to the export/import of items.
* Notifications superseded include No. 85 dated 17.03.2008, No. 24RE2012200914 dated 19th October 2012, No 22RE2013200914 dated 18.06.2013, No 108RE2013200914 dated 06.02.2015, No. 17201520 dated 06.08.2015 and No. 43201520 dated 27.03.2017.
Mustard Oil Export:
* Export of mustard oil in branded consumer packs up to 5 Kgs will continue to be permitted.
* A Minimum Export Price (MEP) of USD 900 per metric ton is applicable for mustard oil exports.
Impact Analysis:
Exporters of Edible Oils (excluding mustard oil):
Impact: Benefit from the removal of export restrictions, allowing them to freely export edible oils without quantitative limits or pack size restrictions.
Action Required: Take note of the immediate effect of the policy change and adjust export strategies accordingly.
Exporters of Mustard Oil:
Impact: No significant change; existing regulations for mustard oil exports remain in effect.
Action Required: Continue to adhere to the existing regulations, including the USD 900 per MT minimum export price for branded consumer packs up to 5 Kgs.
Directorate General of Foreign Trade:
Impact: Responsible for implementing and monitoring the amended export policy.
Action Required: Ensure effective communication and enforcement of the new policy.
Key Entities Referenced
Edible Oils: Subject of the export policy discussed in the notification.
Mustard Oil: Specific type of edible oil excluded from the general export policy change.
Foreign Trade Development and Regulation Act, 1992: Act that grants the central government powers to regulate foreign trade.
Foreign Trade Policy FTP 2015-2020: Policy document that this notification makes amendments to.
ITCHS Classification of Export Import Items: Classification system used for export and import items; Schedule 2 and Chapter 15 are specifically mentioned.
Directorate General of Foreign Trade: Issuing authority for the notification; part of the Ministry of Commerce and Industry.
Alok Vardhan Chaturvedi: Director General of Foreign Trade.
New Delhi, Delhi: Place of publication of the notification
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 6th April, 2018
No. 01/2015—2020
Subject: Export Policy of Edible Oils– Removal of prohibition on export of all varieties of Edible Oils, except
Mustard Oil, till further orders - regarding.
S.O. 1532(E).—In exercise of the powers conferred by Section 3 of the Foreign Trade (Development &
Regulation) Act, 1992 (No.22 of 1992) (as amended from time to time) read with paragraph 2.01 of the Foreign Trade
Policy (FTP) 2015-2020, the Central Government hereby makes amendments to the Sl. No. 92, Chapter 15 of Schedule 2
of ITC(HS) Classification of Export & Import Items 2018 on Export Policy of edible oils.
2. In supersession of Notification No. 85 dated 17.03.2008, Notification No. 24(RE-2012)/2009-14 dated 19th
October 2012, Notification No 22(RE-2013)/2009-14 dated 18.06.2013, Notification No 108(RE-2013)/2009-14 dated
06.02.2015, Notification No. 17/2015-20 dated 06.08.2015 and Notification No. 43/2015-20 dated 27.03.2017 relating to
Sl. No. 92 of Schedule 2 of ITC(HS) Classification of Export & Import Items 2018, the following amendments are made,
with immediate effect :
Sl. Tariff Item HS Code Unit Item Description Amended Policy
No.
92 All ITC(HS) Codes pertaining to the edible oils Kg. All varieties of edible Free
under Chapter 15 of Schedule 1 (Import Policy) oils, except mustard oil
of ITC(HS) Classification of Export & Import
Items 2017
3. Export of mustard oil in branded consumer packs of upto 5 Kgs will continue to be permitted with a Minimum
Export Price (MEP) of USD 900 per MT.¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3
4. Effect of this Notification:
All varieties of edible oils, except mustard oil, have been made ‘free’ for export without any quantitative
ceilings, pack size etc., till further orders.
[F.No.01/91/180/774/AM10/Export Cell(Pt)]
ALOK VARDHAN CHATURVEDI, Director General of Foreign Trade
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.