Amendment in Import Policy Condition for de – notifying STC as an STE for import of Copra and Coconut Oil under Chapter 12 and 15 of ITC (HS), 2017, Schedule – I (Import Policy)


Quick Summary
This notification announces an amendment to the import policy for Copra and Coconut Oil. Specifically, the import of Copra under HS Code 1203 00 00 will now be allowed through MMTC. For Coconut oil, under HS codes 1513 11 00 (Crude) and 1513 19 00 (Others), imports will be permitted through State Trading Enterprises (STEs), with the exception of STC.

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 21st December, 2020 Notification No. 46/2015-2020 Subject : Amendment in Import Policy Condition for de notifying STC as an STE for import of Copra and Coconut Oil under Chapter
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FAQ :

The import policy for Copra and Coconut Oil has been amended. Copra imports are now allowed through MMTC, and Coconut oil imports are allowed through STEs, excluding STC.

The HS Codes affected are 1203 00 00 for Copra, and 1513 11 00 (Crude Coconut oil) and 1513 19 00 (Other Coconut oil) for Coconut oil.

MMTC is now authorised to import Copra under HS Code 1203 00 00.

Yes, Coconut oil imports under HS codes 1513 11 00 and 1513 19 00 are allowed through State Trading Enterprises (STEs), but not through STC.

This notification was issued on the 21st December, 2020.

 

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