The Hindu Business Line : Spices exporters hail DGFT move

THE All India Spices Exporters Forum (AISEF) has welcomed the decision of the Director General Foreign Trade (DGFT) making it mandatory for the EOU/SEZ units engaged in spices imports and exports to get them registered with the Spices Board.

"This is indeed a step in the right direction, as it will bring in some salutary control on unscrupulous operators who were misusing the privileges available to EOU units, and giving all spice exporters a bad name," Mr Thomas Philip, Chairman, AISEF, told Business Line on Wednesday. He said the most affected were those who imported spices, and re-exported after value-addition.

"We fully support the Government in its efforts to nab the crooks who are giving the entire industry a bad name," he said.

The DGFT Policy Circular No. 8 (RE-2005)/2004-09 issued on June 13,2005 said, "In the case of spices, it would be mandatory for the EOU/SEZ units to get themselves registered with the Spices Board."

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Spices exporters hail DGFT move