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FOREIGN TRADE NOTIFICATION
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Body Notification No. 48/2015-2020, Dated 8th December, 2022

Government of India

Ministry of Commerce & Industry

Department of Commerce

Udyog Bhawan, New Delhi

Subject: Amendment in Import Policy Condition for de-notifying MMTC as a STE for import of Copra under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy).

In exercise of powers conferred by Section 3 and 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, as amended from time to time, the Central Government, hereby amends the Policy Condition of HS Code 12030000 under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy), as under:

Exim Code Item Description Policy Existing Policy Condition Revised Policy Condition

12030000

Copra State Trading Enterprise Import allowed through MMTC subject to Para 2.20 of Foreign Trade Policy. Import allowed through NAFED subject to Para 2.20 of Foreign Trade Policy.
2. Effect of this Notification:

MMTC has been de-notified as a STE. Henceforth, import of Copra under HS Code 12030000 shall be allowed through NAFED.

This issues with the approval of Minister of Commerce & Industry.

(Santosh Kumar Sarangi)

Director General of Foreign Trade

and Additional Secretary to the Government of India

E-mail: dgft@nic.in