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Amendment in export policy of edible oils

Updated on:27th Mar, 2017
Notification No  43 /2015-20 New Delhi, Dated the  2ih March, 2017   Subject:            Amendment in export policy of edible oils.  S.O.(E)         In  exercise   of the  powers  conferred  by  Section  3  of the  Foreign  Trade  (Development & Regulation) Act, 1992  (No.22  of 1992), as amended,  read with Para  1.02   and 2.01  of the Foreign  Trade Policy  (FTP),  2015-20,  the Central  Government hereby  amends,  with immediate ef ect, Notification No 22(RE-2013)/2009-14   dated    18.06.2013   read   with   Notification  No   108(RE-2013)/2009-14   dated 06.02.2015   and Notification No.  17/2015-20  dated  06.08.2015    relating  to SI. No.  92 of Schedule  2 of ITC(HS)  Classification of Export  & Import  Items.  2.         Export  of edible  oils was initially prohibited for a period  of one year with ef ^ect from  17 .03 .2008 vide Notification No.  85 dated  17.03.2008  which  was  extended  from  time  to  time.  Vide  Notification No.  24(RE-2012)/2009-14  dated   19th  October   2012,  prohibition  on  export   of  edible  oil  has  been extended  till further orders. 3.           The following exemptions are permitted from the prohibition on export  of edible  oils: (a) Castor  oil (b) Coconut oil from  all EDI  Ports  and  through  all Land  Custom  Stations  (I.CS)  on  Indo-Nepal, Inda-Bangladesh, Indo-Bhutan and Inda-Pakistan borders. (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)  Edible   oils  from   Domestic   Tariff  Area   (DTA)   to  Special   Economic  �:ones   (SEZs)   to  be consumed   by  SEZ  units  for  manufacture  of processed food  products,   subject  to  applicable value addition norms (e)  Edible   oils  produced   out  of  minor  forest  produce,   ITC(HS)   Code   1: i 159010,   15159020, 15159030,  15159040,  15179010and  15219020. (f)  Organic   edible  oils  subject  to  export  contracts   being  registered   and  certi Ied  as  ^Organic^  by Agricultural  & Processed  Food Products  Export  Development Authority (APEDA). (g) Rice Bran oil in bulk, irrespective of any pack  size (h) Groundnut oil, Sesame  oil, Soyabean  oil and Maize  (Com)  oil in  bulk,  irrespective  of any pack size. 4.          Export  of edible  oils  in  branded  consumer packs  of upto  5  Kgs  is  permitied  with  a Minimum Export  Price (MEP)  ofUSD 900 per MT. 5.       Effect of this notification: Export  of Groundnut oil, Sesame  oil,  Soyabean  oil and Maize  (Com)  oil in  bulk, irrespective  of any pack  size, has been exempted  from the prohibition on export  of edible  oil ,.
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