https://www.taxtmi.com/news?id=3843 Continuation of a ban on export of edible oils with specified exemptions due to reduced domestic availability. The scheme for distribution of subsidised imported edible oils through States/UTs is extended for one year with a central subsidy for imports up to a capped quantity to assist consumers, especially BPL households. Permission is granted for exports in branded consumer packs up to 5 kg subject to an annual ceiling to meet demand abroad, an ex post facto sanction is given for excess branded pack shipments beyond the earlier permitted quantity, and a mid term assessment and licensing mechanism by the commerce authorities is endorsed. en-us Fri, 05 Oct 2012 13:38:50 +0530 Fri, 05 Oct 2012 13:38:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3843 Continuation of a ban on export of edible oils with specified exemptions due to reduced domestic availability. The scheme for distribution of subsidised imported edible oils through States/UTs is extended for one year with a central subsidy for imports up to a capped quantity to assist consumers, especially BPL households. Permission is granted for exports in branded consumer packs up to 5 kg subject to an annual ceiling to meet demand abroad, an ex post facto sanction is given for excess branded pack shipments beyond the earlier permitted quantity, and a mid term assessment and licensing mechanism by the commerce authorities is endorsed. News - Fri, 05 Oct 2012 13:38:50 +0530 https://www.taxtmi.com/news?id=3843