DGFT Amends Import Policy Of Areca Nuts

The Directorate General Of Foreign Trade (DGFT) has notified the amendment in the import policy of areca nuts.

In addition to the existing two ports, import of 17,000 Metric Tonnes of Fresh (green) Areca nut without Minimum Import Price (MIP) condition from Bhutan shall also be allowed through LCS Hatisar (INHT5B) and LCS Darranga (INDRGB).

As per the revised import policy of areca nuts import of 17,000 Metric Tonnes of Fresh (green) Areca Nut without Minimum Import Price (MIP) condition shall be allowed from Bhutan every year.

The imports are allowed through LCS Jaigaon (INJIGB), LCS Chamurchi (INCHMB), LCS Hatisar (INHT5B) and LCS Darranga (INDRGB) only, and, shall be subject to a valid port-specific Registration Certificate issued by DGFT.

Notification No. 30/2024-25

Date: 18/09/2024

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Amit Sharma

Amit Sharma is the Content Editor at JurisHour. He has been writing about the Indian legal market. He has covered tax & company litigation stories from the Supreme Court, High Courts and Various Tribunals. Amit graduated from MLSU Law College with B.A.LL.B. and also holds an LL.M. from MLSU, Udaipur, Rajasthan. An Advocate in Taxation, and practised in Tribunals as well as Rajasthan High Court and pursued Masters in Constitutional Law. He started out small with little resources but a big plan to take tax legal education to the remotest locations across India and eventually to the world. His vision is to make tax related legal developments accessible to the masses.

DGFT Amends Import Policy Of Areca Nuts

Amit Sharma

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