Notification No- 50/2010 dated 03.06.2011
Exemption for export of 10,000 MTs of organic edible oils
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, Notification No- 85
dated 17.03.2008 read with Notification No- 7 dated 30.09.2010, as amended from
time to time.
2. The 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. This extension is upto 30.09.2011 in terms of
Notification No- 7 dated 30.09.2010.
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 from 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 and (e) export of edible oils in branded consumer packs of
upto 5 Kgs subject to a ceiling of 10,000 MTs upto 31.10.2011. In addition, the
prohibition on export of edible oils will also not apply to export of 10,000 MTs
of organic edible oils, per annum, duly certified by APEDA, subject to following
conditions:
(a) Quantity limit shall be 10,000 MTs per annum;
(b) It should be duly certified by APEDA as being organic edible oils;
(c) Export contracts should be registered with APEDA, New Delhi prior to
shipment;
(d) Exports shall be allowed only from Customs EDI Ports.
4. Effect of this notification:
Prohibition on export of edible oils is upto 30.09.2011. But, the same will not
apply to export of Organic edible oils (new addition now) in addition to other
relaxations/exemption granted earlier; but with a ceiling of 10,000 MTs per
annum and subject to certain conditions mentioned in para (3) above.(Anup K. Pujari)
Director General of Foreign Trade
(Issued from F.No.01/91/180/774/AM10/Export Cell)