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Import Quota Allocations Norms

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Our Economy Bureau BUSINESS STANDARD

The Directorate-General Of Foreign Trade (DGFT) has laid down the guidelines for the allocation of import quotas of milk powder, maize, crude sunflower seed or safflower oil, refined rape oil, colza oil or mustard oil at concessional rates under the tariff rate quota mechanism.

Imports of 10,000 tonnes of milk powder have been allowed at a concessional duty of 15 per cent, and applications for the allocation of quota can be made on behalf of the users by the National Dairy Development Board (NDDB), State Trading Corporation (STC), National Marketing Federation of India Ltd (NCDF), Minerals and Metals Trading Corporation (MMTC), Projects and Equipment Corporation of India (PEC) and Spices Trading Corporation Ltd (STCL).

 

Applications had to be made to the exim facilitation committee in the DGFT, an official release said.

A 15 per cent concessional duty has also been granted for imports of 450,000 tonnes of maize, and applications for the allocation of quota can be made by the National Agricultural Co-operative Marketing Federation (Nafed), STC, MMTC, PEC, STCL and the State Co-operative Marketing Federation.

Imports of 1,50,000 tonnes of sunflower seed or safflower oil have been allowed at a concessional duty of 50 per cent.

The applications can be made by NDDB, Nafed, STC, STCL and Central Warehousing Corporation (CWC).

A concessional duty of 45 per cent has been set for imports of 1,50,000 tonnes of refined rape oil, colza oil or mustard oil. The applications in this case can be made by NDDB, Nafed, STC, STCL and CWC.


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First Published: Oct 05 2002 | 12:00 AM IST

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