Eximkey - India Export Import Policy 2004 2013 Exim Policy
NOTIFICATION NO. 24/2012, DT. 19/10/2012

Extension of ban on export of edible oils till further orders

 

S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014 (as amended from time to time), the Central Government hereby amends, with immediate effect, Sl. No. 92 of Schedule 2 of ITC(HS) Classification of Export and Import Items.

2. Export of edible oils was initially prohibited for a period of one year with effect from 17.03.2008 vide Notification No. 85 dated 17.03.2008 which was extended from time to time. Now the ban on export of edible oil is extended till further orders.

3. In relaxation of above prohibition, certain exemptions have been granted through various notifications issued from time to time namely (a) export of Castor Oil (b) export of coconut oil through Cochin Port (c) Deemed export of edible oils(as input raw material) from DTA to 100% EOUs for production of non-edible goods to be exported (d) export of oil produced out of minor forest produce even if edible, ITC(HS) Code 15159010, 15159020, 15159030, 15159040, 15179010 and 15219020. These exemptions will continue till further orders.

4. In addition, export of edible oils in branded consumer packs of upto 5 Kgs with ceiling of 20,000 tons is permitted for the 12 month period ending on 30.09.2013. Such exports can take place only through Custom EDI Ports.

5. Effect of this notification:

Prohibition on export of edible oils has been extended till further orders. But, the same will not apply to relaxations/exemption as mentioned in para 3 & 4 above. Export of fish oil continues to be free as per Notification No. 60 dated 20.11.2008.
 

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft[at]nic[dot]in

(Issued from F.No.01/91/180/774/AM10/Export Cell)
 

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