How to import Duty Exempted crude sun flower & soya bean oil

How to import crude sun flower & soya bean oil

How to import Duty Exempted crude sun flower & soya bean oil

 

Public Notice No. 10/2015-20 Dated. 24th May, 2022
&
Public Notice No. 15/2015-20 Dated 14th June, 2022

Allocation of Tariff Rate Quota for Import of Crude Soya bean oil and Crude Sunflower Oil

In exercise of the powers conferred under Para 1.03 and 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby notifies the provisions for import of Crude Soya bean Oil and Crude Sunflower Seed Oil under Tariff Rate Quota (TRQ) by amending para 2.60 and 2.61 of the Handbook of Procedures as follows:

The following provision is inserted as para 2.60(b) of the Hand book of procedures:

Updated on 14.06.2022

For each processing unit, applicants shall provide a self-certified copy of documentary proof issued by Central/State Authorities, indicating its processing capacity. The certificate should be dated prior to 24.05.2022. The process capacity for Edible oils should be mentioned in the said certificate.  Notification No. 30/2022-Customs dated 24.05.2022

Item Description

ITC(HS)

TRQ per Year (in MT)

Crude Soya-bean oil, whether or not degummed

1507 10 00

20,00,000

Crude Sunflower Seed Oil

1512 11 10

20,00,000

The following provision is inserted as para 2.61(d) of the Hand book of procedures:

DGFT invites fresh applications for allocation of said Tariff Rate Quotas (TRQ) during FY 2022-23 with effect from 27.05.2022 and not later than 18.06.2022 as follows –

  1. Applications where the date of issuance of their Importer-Exporter Code (IEC) is on or after the date of this Public Notice shall not be considered.
  2. The applications shall be considered on Actual User basis to processors/refiners only based upon their own processing capacity
  3. For each processing unit, applicants shall provide a self-certified copy of documentary proof issued by Central/State Authorities, indicating its processing capacity. The certificate should be dated prior to issue of this Public Notice. The process capacity for Crude Sunflower Oil or Crude Soya Oil should be clearly mentioned in the said certificates.
  4. Applicants shall also provide a valid FSSAI License for the said categories.
  5. Only one application against one IEC shall be considered.
  6. The TRQs shall be valid for 1 year from the date of issuance.
  7. Details of turnover for processing of Crude Edible Oils in the last three financial years, i.e., from 2019-20 to 2021-22, are to be submitted. Self-certified GST Returns shall be provided by the applicants.
  8. Imports made under TRQ are for domestic processing and consumption only. No part of the said TRQ Imports can be exported before or after processing.
  9. The TRQs issued for financial year 2022-23 shall be valid for clearance of import for a period of one year or till 30`h June, 2023, whichever is earlier. TRQs issued for FY 2023-24 shall be valid for clearance of imports till 31st March, 2024
  10. Import consignments landing at Indian Ports after the date of issuance of TRQ licence shall only be considered for clearance under TRQ. Any quantities lying at the Indian ports (under warehousing etc) before the date of issuance of the TRQ license shall not be considered for import clearance under TRQ.
  11. The un-utilized quantities i.e., quantities not imported by the TRQ Licencees by the end of the current import period, shall be deducted from their proposed allocations (in case allocation is considered) during the next TRQ period, i.e., 2023-24.

Applications for allocation during FY 2023-24 shall be invited separately at subsequent dates.

The TRQ for each eligible applicant shall be notified as per the decision of the EXIM Facilitation Committee under para 2.51 of the HBP 2015-20. The EFC, while examining the applications, will take into considerations; inter alia, the monthly/annual processing capacity of the applicant DGFT reserves the right to make any changes in the allocation at any point of time, as deemed fit.

Effect of the Notification: Provisions for allocation of Tariff Rate Quota (TRQ) for 20 Lakh MT of Crude Soya bean oil and 20 Lakh MTs of Crude Sunflower Oil for FY 2022-23 and 2023-24 has been notified.

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