TIOL-DDT 1967 · Monday, 22 October 2012 · story 4 of 7

FTP - Extension of Ban on Export of Edible Oils

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. Now the ban on export of edible oil is extended till further orders.

However, certain exemptions have been granted through various notifications issued from time to time namely

(a) export of Castor Oil

(b) export of coconut oil through 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.

These exemptions will continue.

In addition, export of edible oils in branded consumer packs of upto5 Kgs with ceiling of 20,000 tons is permitted for the 12 month period ending on 30.09.2013. Such exports can take place only through Custom EDI Ports.

DGFT Notification No. 24/(RE - 2012)/2009-2014, Dated: October 19, 2012