TIOL-DDT 419 · Wednesday, 2 August 2006 · story 2 of 4

Sandalwood oil – export by private companies also allowed

As per the export policy, export of sandalwood oil is Subject to quantitative ceilings and conditionalities as may be notified by the Director General of Foreign Trade from time to time. Now the DGFT has allocated a quantity of 1 MT of "Sandalwood Oil" for export till 31.03.2007 by M/ s.Tamil Nadu Forest Plantation Ltd., Tiruchirapalli and Private Companies who purchased Sandalwood Oil from M/s. Tamil Nadu Forest Plantation Ltd., Tiruchirapalli. The exports will be permitted only against an Authorisation Letter to be issued by the Director General of Foreign Trade to M/ s.Tamil Nadu Forest Plantation Ltd., Tiruchirapalli and the Private Companies who purchased Sandalwood Oil from M/ s.Tamil Nadu Forest Plantation Ltd., Tiruchirapalli . The Authorisation Letter shall be issued as per decision of the Exim Facilitation Committee in the DGFT (Hqrs) and shall be valid for one year from the date of issue. No revalidation of Authorisation Letter shall be allowed. Export of Sandalwood Oil made out of imported Sandalwood shall not be allowed.

Consequently the requirement of export by a manufacturer exporter only as required under Public Notice No.95(RE-2005)/2004-2009, dated 30 th March, 2006 has been done away with. Now in addition to manufacturer exporter, merchant exporter tied with legal / licenced unit / industry for extracting Sandalwood Oil and having procured sandalwood oil through open auctions from the State Forest Department having necessary certificate of origin in his or his firm's name can also export.

PUBLIC NOTICE NO. Dated; July31, 2006 and PUBLIC NOTICE NO. , Dated: July 31, 2006

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