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Date: 28-Oct-2024 Category: Extra Ordinary State: Union Government Country: India

Modification of SION E 125 for export of Shea Stearine

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

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces an amendment to the Standard Input Output Norm (SION) E-125, which pertains to the export of Shea Stearine.
  • The amendment modifies the permitted import quantities of Shea Nuts based on their oil content.

Key Changes

  • The import quantity of Shea Nuts for 1 MT of Shea Stearine export is revised to 5.02 MT with a standard oil content of 45% +/- 1%.
  • For every 1% increase in oil content above 46% in Shea Nuts, the permitted import quantity decreases by 150 kg on a pro-rata basis.
  • For every 1% decrease in oil content below 44% in Shea Nuts, the permitted import quantity increases by 150 kg on a pro-rata basis.
  • Customs authorities are mandated to draw samples for every bill of entry of Shea Nuts, test the oil content, and endorse it on the bill of entry.
  • Regional authorities will redeem authorizations based on the weighted average of oil content endorsed by the Customs authority.
  • Clearance of import consignments should not be delayed for test results and should be allowed after customs examination and sampling.
  • The revised SION E-125 is valid until March 31, 2027, and will be re-assessed to reflect the dynamic pricing structure of the industry.

Impact Analysis

Shea Stearine Exporters

  • Exporters will benefit from the fact that import consignments will not be held back pending test results.

Customs Authorities

  • Customs authorities must ensure that import consignments are cleared after examination and sampling and not held back for test results.

Regional Authorities

  • Regional authorities will need to update their systems to accommodate the new import quantity calculation.

Industry

  • The industry will need to be prepared for the re-assessment of the SION after March 31, 2027.

Action Items

  • Industry stakeholders should monitor the market and prepare for the re-assessment of the SION.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The issuing authority of this gazette notification and responsible for amending the Foreign Trade Policy. Foreign Trade Policy, 2023: The policy under which the powers to amend SION E-125 are exercised. SION E-125: The Standard Input Output Norm for the export of Shea Stearine, which is being amended by this notification. Customs Authority: The authority responsible for sampling, testing, and endorsing oil content on the bill of entry for Shea Nuts. Regional Authority: The authority responsible for redeeming authorizations based on the weighted average of oil content endorsed by the Customs Authority.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 ससीी..जजीी..--डडीी..एएलल..--अअ..--2288110022002244--225588228877 xxxGIDHxxx CCGG--DDLL--EE--2288110022002244--225588228877 xxxGIDExxx असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 303] नई दिल्ली, सोमवार, अक्त बू र 28, 2024/कार्तकि 6, 1946 No. 303] NEW DELHI, MONDAY, OCTOBER 28, 2024/KARTIKA 6, 1946 ubZ fnYyh] 28 vDrwcj] 2024 VI le;≤ ij ;Fkk la'kkfs/kr] fon's k O;kikj uhfr] 2023 ds iSjk 1-03 ds rgr iznÙk 'kfDr;kas dk iz;kxs djr s gq, egkfun's kd fons'k O;kikj flvksu M- & 125 esa fuEufyf[kr la'kks/ku djrs gS% M-&125 f'k;k 1 eh-V- 1 f'k;k fxjh ¼45+/&1% rys 5-02 eh-V-** LVh;jhu dk va'k½ vFkok 2 3 6988 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] **f'k;k fxjh es a 46% ls vf/kd rys ;qDr lkexzh eas izR;sd ,d izfr'kr o`f) ds fy,] bldh vk;kr gsrq vuqer ek=k ea s ;Fkkuiq kr vk/kkj ij 150 fØxk- dh deh gks ldrh gS vkSj f'k;k fxjh es a 44% ls de] rys ;qDr lkexzh eas izR;sd ,d izfr'kr dh deh ds fy,] blds vk;kr gsrq vuqer ek=k us ;Fkkuiq kr vk/kkj ij 150 fdxzk- dh o`f) gks ldrh gSA f'k;k fxjh ds vk;kr gsrq&lhek'kqYd izkf/kdkjh izR;sd izfof"V fcy gsrq uewus ysxk vkSj mleas rys ;qDr lkexzh dh tkap djxs kA lhek'kqYd izkf/kdkjh dks izfof"V fcy ij izR;sd [ksi ds fy, rys ;qDr lkexzh dk i`"Bkadu djuk gksxkA lhek'kqYd izkf/kdkjh }kjk i`"Bkafdr rys ;qDr lkexzh ds Hkkfjr vkSlr ds vk/kkj ij izkf/kdkj&i= ds ekspu gsrq {ks=h; izkf/kdkjhA rFkkfi] ifj.kke izkIr gksus rd vk;kr [ksiksa dh fudklh dks jksdk ugh a tkuk pkfg,] cfYd lhek'kqYd }kjk ijh{k.k vkSj uewus ysu s ds ckn bldh vuqefr nh tkuh pkfg,A ;g flvksu 31-03-2027 rd oS/k gksxk vkSj m|ksx txr ds xfr'khy eYw ; fu/kkZj.k lajpuk dks n'kkZus gsrq iqu% eYw ;kadu dh vko';drk gksxhA lark"s k dqekj lkjaxh] egkfuns'kd] fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 28th October, 2024 No. 28/2024-25 Subject: Modification of SION E-125 for export of Shea Stearine. F. No. HQRNORMREVIW00003853AM23/ DES.VI.—In exercise of the powers conferred under Paragraph 1.03 of Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade makes the following amendment in SION E-125: SION No. Export Item Quantity S.No. Amended Import Item Amended Quantity E-125 Shea Stearine 1 MT 1 Shea Nuts (Oil Content 45+/- 5.02 MT** 1%) OR Shea Butter 2.21 MT 2 Activated Bleaching Earth 0.048 MT 3 Acetone 0.039 MT **For every one percent increase in the oil content beyond 46% in Shea Nut, the permitted quantity for its import may decrease by 150 kgs on pro-rata basis and for every one percent decrease in oil content below 44% in Shea Nut, the permitted quantity for its import may increase by 150 kgs on pro-rata basis. Note 1 - For import item Shea Nuts, Customs Authority to draw samples for every bill of entry and test the same for its oil content. The Customs Authority to endorse on the Bill of Entry the oil content of each consignment. Regional Authority to redeem authorizations based on the weighted average of oil content so endorsed by the Customs Authority. However, clearance of import consignments should not be held back till the results are obtained, but to be allowed upon customs examination & drawing of samples. Note 2 - This SION will be valid till 31.03.2027 and will need to be re-assessed to reflect dynamic pricing structure of the industry. Effect to this Public Notice: Standard Input Output Norm (SION) E-125 for the export of Shea Stearine has been amended with revised import entitlements. 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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