Welcome to Amit Kumar Gupta Advocate

amitkrg246@yahoo.com
+91 9811291390

Ask a Query


Client Login

08(RE-2010)/2009-14, Dated: 08/10/2010
 
To be published in the Gazette of India Extraordinary Part II
Section 3, Sub Section (II)
 
Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
 
Notification No. 08(RE-2010)/2009-2014
New Delhi, The 8th October, 2010
 
Subject: Import policy of fish body oil.
 
S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in the Schedule 1 (Imports) of the ITC (HS) Classifications of Export and Import Items :
 
 2.        Existing policy (prior to this amendment) as available at page 79 of ITC (HS) Classifications of Export and Import Items is extracted below:
           

Exim Code

 
Item description
 
Policy
 
Policy conditions
1504 20 10
 
Fish Body Oil
 
Prohibited
 
Not permitted to be imported
1504 20 20
Fish Lipid Oil
 
Free
 
Import subject to Licensing Note No. (5) of the Chapter.

 

 
3.         After amendment the entries would read as below:
 

Exim Code

 
Item description
Policy
 
Policy conditions
1504 20 10
Fish Body Oil (Crude)
Restricted
 
1504 20 20
 
Fish Body Oil (Refined) having following quality parameters :
 
(i) Free fatty Acids                      :   <0.10% (as Oleic Acod)
 
(ii) Moisture                                     :   <0.5%
 
(iii) Perozide value (PV)                  :   <10 milli equivalent/kg of oil
 
(iv) Eicosapentaenoic Acid EPA +
Docosaphexaenoic Acid DHA         :    5-15% by weight
 
(v) Trans fat                                     : <0.1%
Free
 

 

 
4.         Import Licensing Note No. (5) at the end of Chapter 15 stands deleted because it has been incorporated in the column 2 above.
 
 
                                                                                    Sd/-
                                                                                    (Anup K. Pujari)
Director General of Foreign Trade
                                                                                                              E-mail: dgft@nic.in      
           
[Issued from F. No. 01/89/180/Misc.90/AM-05/PC-2(A)]

Amit R Gupta

Our Services

Insurance Services

We offer comprehensive Insurance Services systems maintained by trained accounting.

Legal Services

 We offer comprehensive Legal Services systems maintained by trained accounting pr.

Investment Services

We offer comprehensive Investment Services  systems maintained by trained accoun.

Finance Services

 We offer comprehensive Finance Services systems maintained by trained accounting .

Due Diligence and Advisory Ser

We offer comprehensive Due Diligence and Advisory Services systems maintained by traine.

Corporate Services

We offer comprehensive Corporate Services systems maintained by trained accounting.

AMITRGUPTA

What We Do

Tax Consulting

We offer comprehensive Tax Consulting  systems maintained by trained accounting professionals. This local service coul...

READ MORE

Due Diligence

Investors, bankers and acquirers rely on Due Diligence as a standard of care during Mergers and ...

READ MORE

Taxation Services

We offer comprehensive Taxation Services systems maintained by trained accounting professionals. This local service could be...

READ MORE