Applicability of Minimum Import Price on Import of Cashew Kernels for SEZ/EoU units
To,
- Members of Trade/Industry/EPCs/Other Trade and Industry Bodies,
- Regional Authorities(RAs) of DGFT,
- Development Commissioners of SEZs
Subject: Applicability of Minimum Import Price on Import of Cashew Kernels for SEZ/EoU units.
DGFT had vide Notification No. 8/2015-20 dated 12.06.2019 revised the Minimum Import Price on Cashew Kernels imported under HS Code 0801 3210 and 0801 3220. This directorate has received references from importers seeking clarification on the application of Minimum Import Price(MIP) on the Import of Cashew Kernels for SEZ/EoU units.
2. The matter has been examined in this Directorate. It is clarified that MIP on Cashew Kernels(HS Code 0801 3210 and 0801 3220) is not applicable for import by 100% Export Oriented Units(EOUs) and units in SEZs.
3. This issues with the approval of Competent Authority.
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