Procedure for import of Vegetable Fats (Vanaspati Ghee) under India-Nepal Trade Treaty 2002
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.... of Trade 2002, as renewed with effect from 6th March 2007 for a period of five years, has fixed a Tariff Rate Quota (TRQ) of 1 lakh Metric Tonnes of Vegetable Fat (Vanaspati Ghee) as Nepalese manufactured article and allowed its entry into India free of customs duty in accordance with Annexure 'C' to the Treaty. The Vegetable Fat (ITC HS Code No 151620) within TRQ is allowed to be imported into India in accordance with the canalization process agreed between both parties. Pursuant to discussions on the request of the Government of Nepal, in order to facilitate export of vegetable fat from Nepal under the Treaty, following revised procedure has been agreed and is hereby notified: i. The Department of Commerce, Government of Nepal, as desig....
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....f Commerce) will ensure that quarterly quota would be so allocated that its export to India is evenly distributed in Indian states without adversely affecting markets in any particular state. vii. Government of Nepal shall send a statement of actual exports, indicating state-wise destination, made by exporters who were allocated the quota one week after the end of every quarter, to DGFT in format prescribed in Annexure C. viii. These modalities of imports do not in any way modify the existing procedures in respect to imports except to the extent stated above. This issues in public interest. (R.S. GUJRAL) DIRECTOR GENERAL OF FOREIGN TRADE (Issued from F.No.01/93/180/80/AM-09/PC-2(B) ANNEXURE -A S. No. of CoO UNDER ___________ TAR....