The Directorate General of Foreign Trade on June 22, 2023, issued a notification to amend the procedure for the import of items (Copper products and Zinc Oxide) under the Tariff Rate Quota (TRQ) under India Nepal Treaty in terms of Para 2.92 of the Handbook of Procedures.
The amendments are as follows-
•DGFT shall be the designated authority for the allocation and monitoring of all TRQ items under the Revised India-Nepal Treaty.
•Accordingly, the DGFT is authorized for the allocation and monitoring of 10,000 MT of TRQ of Copper products and 2500 MT of Zinc Oxide from Nepal.
•The quota so allocated to each manufacturer/ exporter on a quarterly basis would be communicated by the designated authority of Nepal (Department of Commerce) to DGFT.
• Imports will be permitted through the Land Customs Stations (LCS) at Kakarbhitta/Naxalbari, Biratnagar/JogbaniBirganj/RaxaulNepalgunj/Nepalgunj Road, and Mahendranagar/Banbasa.
• The Indian importer shall file an online application for a TRQ certificate on the DGFT Website.
•DGFT reserves the right to make any change in the modalities and the allocation process at any point as it deems fit.
[Public Notice No.17 /2023]
