DGFT notified procedure for Registration Certificate for Import of Fresh (green) Areca Nut from Bhutan without Minimum Import Price condition

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The DGFT vide Public Notice No. 25/2015-20 dated September 28, 2022 notifies the procedure for Registration Certificate (“RC”) for Import of Fresh (green) Areca Nut from Bhutan without Minimum Import Price (“MIP”) condition.

In exercise of powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby lays down the procedure for Application/Issuance of Registration Certificate(RC) for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 from Bhutan without Minimum Import Price (MIP) condition –

For the second half of the fiscal year 2022-23, pro-rata quantity of 8,500 MT of Fresh (green) Areca Nut may be imported without MIP from Bhutan. For the financial year 2023-24 onwards, a total of 17,000 MTs of Fresh (Green) Areca Nut may be imported without MIP from Bhutan.

Before effecting any such imports, the Indian importer shall seek a Registration Certificate by applying on the DGFT Website → Services → Import Management System → Apply for Registration Certificate for Imports.

The maximum quantity permissible under a Registration Certificate will be 500 MTs. The importer(s) can apply for additional quantities once the quantities already registered have been duly imported.

RC shall be valid for a maximum period of 6 months or the end of the financial year, whichever is earlier. Further, DGFT reserves the right to make any changes in the modalities/allocation process at any point of time, as deemed fit.

Effect of this Public Notice: Procedure for application/Issuance of Registration Certificate for Import of Fresh (green) Areca Nut under ITC(HS) 0802 80 10 without Minimum Import Price (MIP) condition from Bhutan have been notified.

A notification has also been issued in this regard, Notification No. 36/2015-20, dated September 28, 2022

The Public Notice can be accessed at: https://content.dgft.gov.in/Website/dgftprod/04dd32ac-1374-4a20-bd93-2faa958ebb82/PN%2025%20dt%2028-09-22%20Eng.pdf

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