DGFT clarifies on the applicability of Minimum Value Addition in case of Spices
DGFT clarifies that Para 4.09 (v) of Foreign Trade Policy 2023 which mandates 25% Minimum Value Addition in the case of Spices for Advance Authorisation and DFIA Scheme. It is clarified that the condition of the minimum value addition of 25% in the case of spices is applicable only where both expert as well as import items pertain to Chapter 9 of ITC HS Code.
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Recent Posts
- Export of Wheat to Nepal through National Cooperative Exports Limited (NCEL)
- Imposition of Minimum Import Price (MIP) on import of Soda Ash covered under Chapter 28 of ITC (HS) 2022, Schedule -I (Import Policy).
- Imposition of Minimum Export Price (MEP) on Export of Honey.
- Standard Operating Procedure (SOP) for Export Authorisations for Restricted Seeds and Planting Materials.
- Procedure for filing application for obtaining Import Authorisation for import of Low Ash Metallurgical Coke subject to Country-wise Quantitative Restrictions (QR)- Regarding.
- Imposition of Quantitative Restriction on import of Low Ash Metallurgical Coke under Chapter 27 of ITC (HS) 2022, Schedule – I (Import Policy).
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- Import of Menthol under Advance Authorisation/DFIA
FeATURED ARTICLES
Export of Wheat to Nepal through National Cooperative Exports Limited (NCEL) The Central Government has granted permission for the export…
Imposition of Minimum Import Price (MIP) on import of Soda Ash covered under Chapter 28 of ITC (HS) 2022, Schedule…
Imposition of Minimum Export Price (MEP) on Export of Honey. The Indian government has extended the Minimum Export Price (MEP)…
Standard Operating Procedure (SOP) for Export Authorisations for Restricted Seeds and Planting Materials. To simplify the export process and reduce…
