The Directorate General of Foreign Trade (DGFT) on January 20, 2025, notified regarding the amendment in the Export Policy condition of Agarwood (Aquilaria Malaccensis) Chips and powder and Agar oil obtained from artificially propagated sources.
The following has been stated namely: -
• It states that with immediate effect the State-wise Annual Export Limits for Agarwood (Aquilaria Malaccensis) Chips and Powder obtained from artificially propagated sources is increased from 25,000 Kgs to 1,51,080 Kgs. The State-wise Annual Export Limits for Agar Oil is increased from 1,500 Kgs to 7,050 Kgs, subject to the Export Policy conditions as specified.
• It further states that the export of artificially propagated Agarwood and Agar oil shall be allowed from the states of Assam, Tripura, Manipur, Nagaland, Karnataka, Meghalaya, Kerala, and others, as per the state-wise revised annual limits (annexed below).
[Notification no. - 52/2024-25]
