Conditional exemption to exporters under the Essential Commodities Act, 1955

The Union Cabinet yesterday approved exemption to exporters having IEC Code issued by DGFT from the purview of stock holding limits under the Essential Commodities Act, 1955 with respect to edible oilseeds, edible oils and rice. This will help exporters benefit from economies of scale and bigger operation for optimally meeting export demands on a… Read More

Tags: Business, Cabinet of India, Cooking oil, DGFT, Essential Commodities Act, Export, Food and Related Products, Grains and Legumes, Import and Export, Investing, Taiwan, Union Cabinet, Vegetable oil