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of <h1>India Revises Pepper Import Policy: New Minimum Import Price Set at Rs. 500/kg with Specific Exemptions and Conditions.</h1> The Government of India has amended the import policy for pepper under Chapter 09 of the ITC (HS), 2017, specifically regarding the Minimum Import Price (MIP) condition. The policy mandates a MIP of Rs. 500 per kilogram on a CIF basis for imports of pepper, with exemptions for imports under the Advance Authorisation Scheme (AAS) for oleoresin extraction and re-export by manufacturer exporters. Exemptions require compliance with specific conditions, including minimum piperine content, customs sampling, and monthly reporting to the Spices Board. This amendment modifies the previous notification dated December 6, 2017, for EXIM Code 0904 11 20.
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