DGFT Amends Import Policy For Raw Cashew Nuts Exempting EOU, Processing Units Operating From SEZ From MIP Norm

The Director General of Foreign Trade has modified the import regulations for raw cashew nuts so that processing facilities operating within Special Economic Zones (SEZ) and export-oriented units (EOUs) are exempt from the minimum import price (MIP) requirement.The notification stated that imports by 100% EOUs and SEZs units would not be subject to the Minimum Import Price (MIP) on Cashew...