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Date: 2022-09-28 Category: Not Applicable State: Union Government Country: India

Procedure for Registration Certificate for Import of Fresh (green) Areca Nut from Bhutan without Minimum Import Price (MIP) condition

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

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Executive Summary & Key Takeaways

This Public Notice, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, outlines the procedure for obtaining a Registration Certificate (RC) for the import of fresh green Areca Nut (classification ITCHS 0802 80 10) from Bhutan without the Minimum Import Price (MIP) condition. For the second half of fiscal year 2022-23, a prorated quantity of 8,500 MT may be imported without MIP. For the financial year 2023-24 onwards, a total of 17,000 MT may be imported without MIP. Indian importers must apply for the RC through the DGFT website under Services > Import Management System > Apply for Registration Certificate for Imports before initiating any imports. The maximum permissible quantity per RC is 500 MT, with importers eligible to apply for additional quantities after the previously registered quantities have been fully imported. The RC is valid for a maximum of six months or until the end of the financial year, whichever comes first. The DGFT reserves the right to modify the allocation process as deemed necessary. For inquiries, contact the DGFT via email at dgft@nic.in, referencing File No. 01/89/180/43/AM01/PC2[A]/Part-III/E-8258.

Key Entities Referenced

Directorate General of Foreign Trade: A department under the Ministry of Commerce and Industry, responsible for implementing the Foreign Trade Policy. Foreign Trade Policy 2015-2020: The prevailing Foreign Trade Policy during the period mentioned in the public notice, which provides the framework for import and export regulations. Bhutan: The country from which Fresh green Areca Nut is being imported under the conditions specified in the notice. Registration Certificate: A mandatory certificate required for Indian importers to import Fresh green Areca Nut from Bhutan without the Minimum Import Price (MIP) condition. Minimum Import Price: The minimum price at which goods can be imported. The public notice pertains to imports without this condition. ITCHS 0802 80 10: The Harmonized System code for Fresh green Areca Nut, used for customs and trade classification. 2022-23: The fiscal year for which a prorata quantity of 8,500 MT of Fresh green Areca Nut may be imported without MIP from Bhutan Rr Santosh Kumar Sarangi: Director General of Foreign Trade and Ex officio Addl. Secretary to the Government of India
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[To Be Published in The Gazette of India Extraordinary Part-I, Section-I] Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 25 / 2015-20 New Delhi, Dated the 28"" September, 2022 Subject: Procedure for Registration Certificate for Import of Fresh (green) Areca Nut from Bhutan without Minimum Import Price (MIP) condition S.O. (E): In exercise of powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby lays down the procedure for Application/Issuance of Registration Certificate(RC) for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 from Bhutan without Minimum Import Price (MIP) condition - 1. For the second half of the fiscal year 2022-23, pro-rata quantity of 8,500 MT of Fresh (green) Areca Nut may be imported without MIP from Bhutan. For the financial year 2023-24 onwards, a total of 17,000 MTs of Fresh (Green) Areca Nut may be imported without MIP from Bhutan. 2. Before effecting any such imports, the Indian importer shall seek a Registration Certificate by applying on the DGFT Website — Services — Import Management System — Apply for Registration Certificate for Imports. 3. The maximum quantity permissible under a Registration Certificate will be 500 MTs. The importer(s) can apply for additional quantities once the quantities already registered have been duly imported. 4. RC shall be valid for a maximum period of 6 months or the end of the financial year, whichever is earlier. Further, DGFT reserves the right to make any changes in the modialities/allocation process at any point of time, as deemed fit. 5. Effect of this Public Notice: Procedure for application/Issuance of Registration Certificate for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 without Minimum Import Price (MIP) condition from Bhutan have been notified. Rr (Santosh Kumar Sarangi) Director General of Foreign Trade & Ex- officio Addl. Secretary to the Government of India Email: dgft@nic.in [Issued from File No. 01/89/180/43/AM-01/PC-2[A ]/Part-III/E-8258]

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