NOTIFICATION NO. 48/2022, DT. 08/12/2022
- Document type
- Circular
- Dated
Amendment in Import Policy Condition for de-notifying MMTC as a STE for import of Copra under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy).
NOTIFICATION NO. 48/2022, DT. 08/12/2022
Amendment in Import Policy Condition for de-notifying MMTC as a STE for import of Copra under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy).
S.O. (E) : In exercise of powers conferred by Section 3 and 5 of Foreign Trade (Development & Regulation) 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 Policy Condition of HS Code 12030000 under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy), as under:
| Exim Code | Item Description | Policy | Existing Policy Condition | Revised Policy Condition |
| 12030000 | Copra | State Trading Enterprise | Import allowed through MMTC subject to Para 2.20 of Foreign Trade Policy. | Impor/ allowed through NAFED subject to Para 2.20 of Foreign Trade Policy. |
2. Effect of this Notification:
MMTC has been de-notified as a STE. Henceforth, import of Copra under HS Code 12030000 shall be allowed through NAFED.
This issues with the approval of Minister of Commerce & Industry.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex- officio Addl. Secretary to the Government of India
E-mail: dgft@nic.in
(Issued from F. No. 01/89/180/Misc-37/AM-07/PC-2[A]/Part-V1E-25648)