Import of Maize (feed grade) under the TRQ Scheme for 2019-20

Jun 17, 2019 | by Avantis RegTech Legal Research Team

The Directorate General of Foreign Trade (DGFT) on June 14, 2019, has decided that the quota of 1 Lakh MT will be distributed amongst the Minerals and Metals Trading Corporation (MMTC) and National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) equally.

DGFT had issued Trade Notice No.2 dated April 03, 2019, wherein applications were invited from State Trading Enterprises (STEs) for import of feed grade Maize (corn) under the Tariff Rate Quota (TRQ) scheme @ 15% Customs duty and meant only for poultry firms on actual user basis for the financial year 2019-20.

However, in response to the Trade Notice No. 2, MMTC had submitted application for a total quantity of 1Lakh MT and NAFED, for a total quantity of 1.10 Lakh MT.

Therefore, it has been decided that MMTC and NAFED are allocated 50,000 MT each of Maize (feed grade) under the TRQ Scheme for 2019-20, subject to the conditions mentioned in Trade Notice No. 02 and these imports should only take place with ‘actual user condition’ so that the poultry farms are only allowed to import with the concessional duty and others don’t derive benefit out of this measure.

[Trade Notice No. 18/2019-20]


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