PN 8/2024 IN FORCE 2024-06-03

Amendment in Appendix - 6B of FTP/HBP, 2023

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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. 08 /2024-25 New Delhi, Dated the 3™ June, 2024

Subject: Amendment in Appendix - 6B of FTP/ HBP,2023. Regarding

In exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, the Director General of Foreign Trade hereby amends Para 10 (ii) of Appendix — 6B of FTP/ HBP, 2023. The amendment in Appendix 6B is as follows:

Amended Paragraph (10) SPICES (COVERED BY CHAPTER 9 OF(10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF|THE ITC(HS) CLASSIFICATIONS OF EXPORT & IMPORT ITEMS: EXPORT & IMPORT ITEMS:

(ii) A minimum value addition of 25% shalll(jii) A minimum value addition of 25% shall have to be fulfilled. have to be fulfilled in the case of spices only here both export as well as import items pertain to Chapter 9 of the ITC( HS) Code. (iii) In all other cases the value addition will be 15%

2. Effect of this Public Notice:

To bring parity with provisions of Chapter 4 of the FTP/HBP regarding value addition for spices covered under Chapter 9 of the ITC(HS) Code, the provisions of Chapter-6 of the FTP/HBP (Appendix 6B) are being amended to the extent that in the case of spices, a minimum value addition of 25% shall have to be fulfilled only where both export as well as import item pertains to Chapter 9 of ITC( HS) Code. In all other cases, the value addition will be 15%.

(Santosceeiner Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary to the Government of[India] E-mail: dgft@nic.in

(Issued from F.No. 01/92/180/92/AM24/PC-6/E-38426)

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