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DGFT Policy Circular No. 35 (RE – 2003)/2002-2007 dated 21.5.2004
Subject : Requirement of PHA release order for import of raw cashewnuts -- exemption thereof.
Several representations have been received
from members of the trade that import of raw cashewnuts are subject to the
requirement of a PHA release order in terms of the PFA Act, 1954. After
consultations with Ministry of Health and Family Welfare and the Department of
Revenue, it has now been decided to exempt all such imports of raw cashewnuts
from the formalities of the PHA release order which are meant for re-processing
and export. As such Customs Authorities will release such consignments on
Customs Bond for re-processing as provided for in Clause (I) of Section 143 of
the Customs Act, 1962.
This issues with the approval of Director General of Foreign Trade.
Joint Director General of Foreign Trade