Trade Notice. 45 / 2015-2020 Dated. 29thNovember , 2021
Issued By. DGFT
SubjectAmendment in Export Policy of Agar Oil and Agarwood Chips and Powder obtained from artificially propagated source and insertion of policy conditions – regarding.
** * **
Central government hereby makes amendment in the chapter 12 and chapter 33 of Schedule-2 (Export Policy) of ITC (HS) 2018 related to Agarwood:
|
Sl No |
ITC HS Code |
Description |
Existing Policy |
Revised Policy |
Export Quota |
|
86A |
1211 90 80 |
Agar wood (Aquilaria Malaccensis) including Chips and Powder |
Free |
Restricted |
Annual quota Agarwood Chips & Powder – 25000 Kg per annum |
|
170A |
3301 3010 |
Agar Oil |
Free |
Restricted |
Annual quota Agarwood Oil – 1500 Kg per annum |
Policy Conditions :
Applications for obtaining Export license for export of Agarwood and Agar oil extracted from Agarwood obtained from artificially propagated sources (cultivated origin outside forest areas) should be accompanied by following documents :
|
Sl.No |
Documents |
| 1 |
Certificate of Origin issued by Forest Dept, authorized by State Govt from where stocks were procured / exported (Details - legal sources & quantities) |
| 2 |
A certificate from PCCF after physical verification of current position of stocks procured and are available with the applicant. |
|
3 |
A copy of export order received by the concerned firm. |
|
4 |
Colored photograph of products duly certified by the concerned officer designated by the Forest Department. |
|
5 |
An undertaking from the firm that items of agarwood / agar oil proposed to be exported has been harvested from plantation following all conditions of CITES for harvesting of agarwood. |
Analysis:
|
Sl No |
Particulars |
Remarks |
|
01 |
Effect of the Notice |
Export policy of Agar Oil and Agarwood (Aquilaria Malaccensis) Chips and Powder has been amended from Free to “Restricted” with immediate effect Export quota & Policy conditions has been notified. |
|
02 |
Impact on KC |
Positive |
|
03 |
Impact on Trade & Industry |
Positive |