The Central Government on Wednesday announced a ban on imports of roasted Areca nuts with a price below Rs 351 per Kg. However, according to the notification, the ban will be applied with certain exemptions. The notification is issued with the approval of the Commerce and Industry Minister.

What did the notification state about Areca nuts?

The Directorate General of Foreign Trade (DGFT) in the official notification stated the following:

a) However, import is free if the CIF value is Rs 351/- and above per kilogram

Add Zee Business as a Preferred Source

b) The minimum import price mentioned above, however, will not be applicable for import by 100 per cent Export Oriented Units (EOUs), units in the SEZ and imports under the Advance Authorisation Scheme.

"The Import of roasted Areca nut

See Full Page