Our assurance services include Statutory audit, Tax audit and Special audits. We carry out audit of financial statements prepared in accor
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II
SECTION 3, SUB SECTION (II)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO. 11 (RE-2013)/2009-2014
NEW DELHI, THE 22ND APRIL, 2013
Subject: Amendment in the Import Policy of Fish Body Oil (Refined).
S.O. (E): In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes the following amendment in Chapter 15 of ITC (HS) 2012, Schedule 1 (Import Policy):
2. The Quality Parameter (iv)-Eicosapentaenoic Acid EPA + Docosaphexaenoic Acid DHA of Fish Body Oil (Refined) under Exim Codes 1504 20 10 and 1504 20 20 as prescribed in Policy Condition 5 at the end of Chapter 15 of ITC (HS) 2012, Schedule 1 (Import Policy) is revised from the present ‘5-15% by weight’ to ‘Not less than 5% by weight’. After the revision, the Quality Parameters in Policy Condition 5 of Chapter 15 shall be as under:
| Sr. No. | Quality Parameter | Value |
| (i) | Free fatty Acids: | <0.10% (as Oleic Acod) |
| (ii) | Moisture: | <0.5% |
| (iii) | Perozide value (PV): | <10 milli equivalent/kg of oil |
| (iv) | Eicosapentaenoic Acid EPA +Docosaphexaenoic Acid DHA: | Not less than 5% by weight |
| (v) | Trans fat: | <0.1% |
3. Effect of this Notification
The prescribed standard of EPA & DHA content in Fish Body Oil (Refined) has been revised to ‘Not less than 5% by weight’ without any upper limit.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail : dgft@nic.in
