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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FeATURED ARTICLES
DGFT amends list of Ministries/Departments under Appendix 2Y of FTP, 2023 The Director General of Foreign Trade makes amendment in…
Central Govt. permits export of Non-Basmati White Rice through NCEL Central Govt. permits export of the following Food Commodity through…
DGFT amends export policy for Onions from Prohibited to Free The Central Government amends the Export Policy of Onions in…
DGFT gives clarification against Advance Authorisation issued prior to 1st April, 2023 The DGFT clarifies that: This Directorate is in…
