Allocation of quantity of Black Pepper, Vanaspati Bakery, Shortening & Margarine and Coconut for import under the Indo-Sri Lanka Free Trade Agreement for the financial year 2016-17
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Quota allocation under Indo Sri Lanka FTA: pepper import licences issued with utilization, surrender and three year debarment rules. Allocation of Black Pepper import quotas under the Indo Sri Lanka Free Trade Agreement for 2016 17 assigns listed firms specified quantities; no allocations were made for Vanaspati Bakery, Shortening & Margarine and Desiccated Coconut due to absence of applications. Quota holders must obtain licences from Regional Authorities, submit utilization certificates to DGFT by the prescribed deadline, may surrender unutilized quota for re allocation, and face a three year debarment for failure to utilize or timely surrender quota.
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Provisions expressly mentioned in the judgment/order text.
Quota allocation under Indo Sri Lanka FTA: pepper import licences issued with utilization, surrender and three year debarment rules.
Allocation of Black Pepper import quotas under the Indo Sri Lanka Free Trade Agreement for 2016 17 assigns listed firms specified quantities; no allocations were made for Vanaspati Bakery, Shortening & Margarine and Desiccated Coconut due to absence of applications. Quota holders must obtain licences from Regional Authorities, submit utilization certificates to DGFT by the prescribed deadline, may surrender unutilized quota for re allocation, and face a three year debarment for failure to utilize or timely surrender quota.
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