Procedure for import of certain items under the India-Nepal treaty of Trade

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....f Trade signed on 2-3-2002. F. No. 1/89/180/00001 - Attention is invited to Government of India, Ministry of Finance (Department of Revenue) Notification no. 40/2002-Customs dated 12th April, 2002. As per the said Notification, import of the items viz., (i) Vegetable fats (Vanaspati) (ii) Acrylic Yarn (iii) Copper products falling under Chapter 74 and heading 85.44 of the First Schedule to the ....

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.... Schedule to the Customs Tariff Act, 1975 (51 of 1975) and (iv) Zinc Oxide, at the rates of duty and as per all the conditions specified in Notification no. 40/2002-Customs dated 12th April, 2002, upto the quantities specified therein; viz. not exceeding (i) 100,000 MT in case of Vegetable fats (Vanaspati), (ii) 10,000 MT in case of Acrylic Yarn (iii) 7,500 MT in case of Copper products falling un....

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....pse till this date. The annual quota of 100,000 MTs of Vegetable fats (Vanspati) for the financial year 2004-2005 from Nepal shall be permitted for import from 6.12.2004 to 5.3.2005. 2. State Trading Corporation (STC) & the associates appointed by STC will be the agencies to import the specified quantity of vegetable oils (vanaspati) from Nepal with effect from 23.10.2003 subject to the o....