Ministry of Finance TheDollarBusiness

The minimum price for import of Areca Nuts enhanced

Dated June 8, 2015 | Notification No. 10/2015-2020 | 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, the Central Government hereby amends the Import Policy of Areca Nut under ITC (HS) code 0802 80 10, 0802 80 20, 0802 80 30 and 0802 80 90 of Chapter 8 of ITC (HS) 2012 – Schedule -1 (Import Policy) as under: 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.110/- and above per Kilogram’ to ‘Rs. 162/- and above per Kilogram’. The revised entries shall be as under: areca nut export price 2. Effect of this Amendment: The minimum price for import of Areca Nuts is enhaanced from existing Rs.110/- to Rs.162/- per Kilogram.

Sd/- (Pravir Kumar) Director General of Foreign Trade

File No.01/89/180/0043/AM-01/PC-2(A)(Vol-II) Issued by: Ministry of Commerce & Industry Department of Commerce New Delhi

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The Dollar Business Bureau - Jun 09, 2015 12:00 IST