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Core Purpose

Public Notice No. 28/2024-25 amending Standard Input Output Norm (SION) E-125 for export of Shea Stearine, revising the permitted import entitlements.

Detailed Summary

By Public Notice No. 28/2024-25 dated 28th October, 2024 (F. No. HQRNORMREVIW00003853AM23/DES.VI), the Directorate General of Foreign Trade, Ministry of Commerce and Industry (Department of Commerce), in exercise of powers under Paragraph 1.03 of the Foreign Trade Policy, 2023, amended Standard Input Output Norm (SION) E-125 for the export of Shea Stearine (1 MT) by revising the permitted import entitlements to: Shea Nuts (oil content 45+/-1%) up to 5.02 MT or Shea Butter up to 2.21 MT, Activated Bleaching Earth up to 0.048 MT, and Acetone up to 0.039 MT, with the permitted Shea Nuts quantity adjustable pro-rata by 150 kgs for every one percent change in oil content beyond the 44-46% band, Customs Authority sampling/testing of oil content required for each bill of entry, and the revised SION valid until 31.03.2027, signed by Santosh Kumar Sarangi, Director General of Foreign Trade & Ex-officio Additional Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-28102024-258287 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 303] NEW DELHI, MONDAY, OCTOBER 28, 2024/KARTIKA 6, 1946 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 28th October, 2024 No. 28/2024-25 Subject: Modification of SION E-125 for export of Shea Stearine. F. No. HQRNORMREVIW00003853AM23/ DES.VI.—In exercise of the powers conferred under Paragraph 1.03 of Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade makes the following amendment in SION E-125: +----------+--------------+----------+-------+--------------------------+-----------------+ | SION No. | Export Item | Quantity | S.No. | Amended Import Item | Amended Quantity| +==========+==============+==========+=======+==========================+=================+ | E-125 | Shea Stearine| 1 MT | 1 | Shea Nuts (Oil Content 45+/-| 5.02 MT** | | | | | | 1%) | | | | | | | OR | | | | | | | Shea Butter | 2.21 MT | | | | |-------+--------------------------+-----------------| | | | | 2 | Activated Bleaching Earth| 0.048 MT | | | | |-------+--------------------------+-----------------| | | | | 3 | Acetone | 0.039 MT | +----------+--------------+----------+-------+--------------------------+-----------------+ **For every one percent increase in the oil content beyond 46% in Shea Nut, the permitted quantity for its import may decrease by 150 kgs on pro-rata basis and for every one percent decrease in oil content below 44% in Shea Nut, the permitted quantity for its import may increase by 150 kgs on pro-rata basis. Note 1 - For import item Shea Nuts, Customs Authority to draw samples for every bill of entry and test the same for its oil content. The Customs Authority to endorse on the Bill of Entry the oil content of each consignment. Regional Authority to redeem authorizations based on the weighted average of oil content so endorsed by the Customs Authority. However, clearance of import consignments should not be held back till the results are obtained, but to be allowed upon customs examination & drawing of samples. Note 2 - This SION will be valid till 31.03.2027 and will need to be re-assessed to reflect dynamic pricing structure of the industry. Effect to this Public Notice: Standard Input Output Norm (SION) E-125 for the export of Shea Stearine has been amended with revised import entitlements. SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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