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The Directorate General of Foreign Trade amends Appendix 6B of the Foreign Trade Policy and Handbook of Procedures 2023. The change applies to spice exporters and importers. A minimum value addition of 25 percent applies only where both export and import items pertain to Chapter 9 of the ITC(HS) Code. A value addition of 15 percent applies in all other cases.
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To be published in the Gazette of India Extraordinary Part-I, Section-I Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade
Public Notice No. 08 /2024-25 New Delhi, Dated the $3^{\text{rd}}$ June, 2024
Subject: Amendment in Appendix - 6B of FTP/ HBP, 2023. Regarding
In exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, the Director General of Foreign Trade hereby amends Para 10 (ii) of Appendix – 6B of FTP/ HBP, 2023. The amendment in Appendix 6B is as follows:
| Existing Paragraph | Amended Paragraph |
|---|---|
| (10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF EXPORT & IMPORT ITEMS: | (10) SPICES (COVERED BY CHAPTER 9 OF THE ITC(HS) CLASSIFICATIONS OF EXPORT & IMPORT ITEMS: |
| (ii) A minimum value addition of $25\%$ shall have to be fulfilled. | (ii) A minimum value addition of $25\%$ shall have to be fulfilled in the case of spices only where both export as well as import items pertain to Chapter 9 of the ITC( HS) Code. |
| (iii) In all other cases the value addition will be $15\%$ |
To bring parity with provisions of Chapter 4 of the FTP/HBP regarding value addition for spices covered under Chapter 9 of the ITC(HS) Code, the provisions of Chapter 6 of the FTP/HBP (Appendix 6B) are being amended to the extent that in the case of spices, a minimum value addition of $25%$ shall have to be fulfilled only where both export as well as import item pertains to Chapter 9 of ITC(HS) Code. In all other cases, the value addition will be $15%$.
[Image omitted. See the official document.]
(Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary to the Government of India E-mail: dgft@nic.in
(Issued from F.No. 01/92/180/92/AM24/PC-6/E-38426)
