Import of spices - Value Addition – DGFT clarification
Second Sub-para of Para 6.7(c) of Handbook of Procedures Vol.I now reads as,
However in case of import of spices for VA purpose like crushing / grounding / sterlisation or for manufacture of oils and oleoresins and not for simple cleaning, grading, re-packing etc., EO shall be fulfilled within 120 days.
Now this is amended to read as,
“However, in case of import of spices for VA purpose like crushing/grinding/sterilization or for manufacture of oils and oleoresins of pepper, cardamom and chillies (and not for simple cleaning, grading, repacking etc.), EO shall be fulfilled within 120 days from the date of importation of first consignment. In case of import of spices (other than pepper, cardamom and chillies) for manufacture of spice oils and oleoresins, EO shall be fulfilled within 12 months.”
DGFT Public Notice No. 50 (RE-2008)/2004- 09,Dated : July 17 , 2008