PN 50/2023

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TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-|, SECTION-|]

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 50/ 2015-20 New Delhi, Dated 11'"January 2023

Subject: Discontinuation of Tariff Rate Quota for Import of Crude Soya bean Oil w.e.f. 01.04.2023 -reg.

|In exercise of the powers conferred under|Para 1.03 and 2.04 of the Foreign|
|---|---|
|Trade Policy 2015-2020, the Director General of Foreign Trade hereby revises the<br>provisions relating toTariff Rate Quota (TRQ) for import of Crude Soya bean Oil by<br>amending Para 2.60 and 2.61 of the Handbook of Procedures as notified earlier vide<br>Public Notice 10/2015-20 dated 24.05.2022 and<br>Public Notice<br>15/2015-20 dated||
|14.06.2022, as follows:||
|ie aren BED <br>2.60 (b)<br>Tariff Rate Quota (TRQ) Imports shall<br>be allocated during financial years<br>2022-23<br>and<br>2023-24,<br>up<br>to|oscps TOEE<br>|Tariff Rate Quota (TRQ) Imports fo<br>|items as indicated as follows,shall<br>|be allocated<br>during financial yea|
|quantities<br>per<br>year<br>as_<br>indicated|2022-23 only|
|below. The duty exemption under the<br>said TRQs may be availed as per <br>Ministry of Finance (Department of <br>Revenue) Notification No. 30/2022-<br>Customs dated 24.05.2022.<br>Item<br>ITC(HS) |TRQ_<br>per <br>|e<br>MT<br>| Crude<br>1507 10 | 20,00,000<br>Soya-bean<br>00<br>|<br>oil,<br>win<br>| degummed||item<br>ITC(HS)|TRQ<br>fal<br> PecrIpHON<br>Year<br>(in<br>|<br>MT<br>|<br>[Crude<br>Soya1507 10} 20,00,000<br>i<br>iala<br> Iidegummed<br>|Tariff Rate Quota (TRQ) Imports fo<br>items as indicated as follows, shall<br>be allocated during financial years<br>2022-23 and 2023-24,|
|| eacd oi||Description<br>Year (in MT)<br>|Crude<br>1512 11|<br>20,00,000<br>Eintowr[HO]|

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The duty exemption under the said TRQs may be availed as pe Ministry of Finance (Department of Revenue) Notification No. 30/2022Customs dated 24.05.2022 2.61(d)(ix)) The TRQs issued for financial year |The validity of TRQs issued during 2022-23 shall be valid for clearance |FY 2022-23 for import of Crude of import for a period of one year or Soya-bean oil, w/n degummed till 30th June 2023, whichever is junder ITC(HS) 15071000 is revised earlier. TRQs issued for FY 2023-24 |to 31.03.2023. Bill of Lading dated shall be valid for clearance of imports jon or before 31.03.2023 shall be till 31st March, 2024 allowed for imports under Crude Soya-bean oil TRQs till 30.06.2023. TRQs issued during FY 2022-23 fo import of Crude Sunflower seed Oil under ITC(HS) 15121110 shall be valid for clearance of import for a period of one year or till 30.06.2023, hichever is earlier. TRQs issued for FY 2023-24 shall be valid fo clearance of imports till 31.03.2024.

Effect of Public Notice:Last date of Import of Crude Soya Bean Oil under TRQ has been revised to 31.03.2023. Further, no allocation of TRQs for import of Crude Soya bean Oil shall be made for the Financial Year 2023-24.

(Santosh Kumar Sarangi) Director General of Foreign Trade & Ex- officio Addl. Secretary to the Government of India E-mail: dgft@nic.in

[Issued from File No. 01/89/180/36/AM-14/PC-2[A]/Part-II/E- 32035]