Tariff rate quota procedure updated: concessional import allocations and EFC application and allotment timelines clarified. Amendments set Tariff Rate Quota procedures: specified tariff items receive annual quota quantities with concessional customs duties; named public and cooperative entities are eligible applicants; applications using the Aayaat Niryaat form with prescribed documents and fees (Appendix 21B) must reach DGFT by 1st March preceding the quota year; imports under allotted quotas must be cleared by customs before the financial year end; maize remains under State Trading Regime but designated agencies may obtain import licences for allotted quantities; the Exim Facilitation Committee will evaluate and allot quotas by end March preceding the quota year.
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Provisions expressly mentioned in the judgment/order text.
Tariff rate quota procedure updated: concessional import allocations and EFC application and allotment timelines clarified.
Amendments set Tariff Rate Quota procedures: specified tariff items receive annual quota quantities with concessional customs duties; named public and cooperative entities are eligible applicants; applications using the Aayaat Niryaat form with prescribed documents and fees (Appendix 21B) must reach DGFT by 1st March preceding the quota year; imports under allotted quotas must be cleared by customs before the financial year end; maize remains under State Trading Regime but designated agencies may obtain import licences for allotted quantities; the Exim Facilitation Committee will evaluate and allot quotas by end March preceding the quota year.
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