NOTIFICATION NO. 35/2016, DT. 17/01/2017
- Document type
- Circular
- Dated
Minimum price for import of Areca Nuts
Minimum price for import of Areca Nuts
S.O. (E) :- In exercise of powers conferred by Section 3 of FT (D&R) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government hereby amends the Import Policy Conditions of arecanut under Exim Code 0802 80 of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) as under:
2. The CIF value of Areca Nuts under the following Exim Codes of Chapter 8 of ITC (HS) 2012, Schedule 1 (Import Policy) is revised from the present 'Rs.162/- and above per Kilogram' to 'Rs.251/- and above per Kilogram'. The revised entries shall be as under:
| Exim Code | Item Description | Policy | Policy Conditions |
| Areca Nuts: | |||
| 08028010 | Whole | Free | Provided CIF value is Rs.251/- and above per Kilogram. |
| 08028020 | Split | Free | Provided CIF value is Rs.251/- and above per Kilogram. |
| 08028030 | Ground | Free | Provided CIF value is Rs.251/- and above per Kilogram. |
| 08028090 | Other | Free | Provided CIF value is Rs.251/- and above per Kilogram. |
2. Effect of this Notification. The minimum price for import of Areca Nuts is enhanced from existing Rs. 162/- to Rs. 251/- per Kilogram.
(A.K. Bhalla)
Director General of Foreign Trade
E-mail: deft @nic.in
(Issued from File No.01/89/180/0043/AM-01/PC-2 (A) (Vol-II)