Import of items under Indo-Sri Lanka Free Trader Agreement

17 May, 2019

In Chair: Shri K.C. Rout, Additional DGFT

  1. The following officers attended the meeting:
    1. Shri S.P. Roy, Joint DGFT
    2. Shri Suresh Chandra, Deputy Director, Directorate of Sugar and Vegetable Oils
    3. Shri S. Anil Kumar, JTO, Directorate of Sugar and Vegetable Oils
    4. Dr. MamtaRupolia, Spices Board,
    5. Shri Nirmal Kumar, Deputy DGFT
  1. The Committee noted that the following items are available under TRQ under the Indo-Sri Lanka Free Trade Agreement (ISLFTA) mentioned in Annexure 1 to Appendix 2A of FTP, 2015-2020 read with Public Notice No. 62 dated 25.2.2016. 
    1. Pepper: 2500 MT
    2. Vanaspati, Bakery Shortening and Margarine: 2,50,000 MT
    3. Dessicated Coconut: 500 MT
  1. To make allocation for the financial year 2019-20, the Committee noted the following
  1. Applications received for import of Pepper -  84
  2. Applications received for import of Vanaspathi, Bakery Shortening and Margarine – 14
  3. Applications received for import of Dessicated Coconut - 12
  1. Considering that there are 84 applicants and the total quantity of Pepper applied for is 13,460 MT, the Committee decided to divide the available quantity (2,500 MT) among the applicants equally. Consequently, each applicant is eligible for 29.76 MT of Pepper.
  2. As regards Vanaspati, Bakery Shortening and Margarine the available quantity is 2,50,000 MT, the Committee decided to divide the available quantity among the applicants Consequently, each applicant was eligible for 17,857.14 MT of Vanaspati, Bakery Shortening and Margarine. However, as two applicants viz. M/S Supernovz Traders and M/S Vijay Solvex Ltd. have applied for 5000 MT and 14000 MT respectively i.e., less than 17,857.14 MT, the Committee decided to grant them the requested quota. The remaining quantity (23 1000 MT) was distributed equally among the remaining 12 applicants i.e. 19,250 MT each.
  3. As regards Desiccated Coconut, the available quantity is 500 MT, the Committee decided to divide the available quantity among the applicants equally. Consequently, each applicant was eligible for 41.66 of Desiccated Coconut. However, one of the applicants viz. M/s Ananya Overseas has applied for 25 MT i.e., less than 41.66 MT. The Committee decided to grant M/S Ananya Overseas the requested quota. The remaining quantity (475 MT) was distributed equally among the remaining 11 applicants i.e 43.18 MT each.
  4. The Committee was informed that vide notification no. 53/2015-2020 dated 21.3.2018, import of Black Pepper below CIF value of Rs, 500/- per kg is prohibited. Accordingly, the Committee noted that there will be no relaxation on the MIP condition for import of Black Pepper under ISLFTA. The Committee also noted that these imports will be subject to submission of COO fulfilling the Rules of Origin criteria and such other requirements as stipulated under ISLFTA.
  5. The Committee also noted that some of the applicants have not submitted application fee proportionate to the quantity applied. 'The Committee accordingly decided that concerned RA would ensure before issuing the authorization that full application/ processing fee, proportionate to the quantity applied for or the maximum amount whichever is applicable is deposited by the RA must also ensure that all necessary documents are received by them before issuing the authorization.
  6. The Committee further decided that the above allocation is provisional. If there is any grievance on the allocation made by the Committee, the applicants may represent by 24.5.2019. The RAs may issue authorization after the final minutes are uploaded on the DGFT website.

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