Ministry of Consumer Affairs extends prescribed stock limits for all Edible oils and Oilseeds for all States and Union Territories till 31st December, 2022
The Ministry of Consumer Affairs, Food and Public Distribution has issued the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Second Amendment) Order, 2022 to further amend the Order dated 3rd February 2022 (summarized in the trail mail) and extend the stock limits for all Edible Oils and Oilseeds put together for a period up to 31st December 2022 for all States/Union Territories. The Amendment Order has gained effect immediately.
Key Highlights:
The stock limits for Edible Oil and Oilseeds of all States and Union Territories up to 31st December, 2022 is as follows:
|
Name of Essential Commodity |
Retail |
Wholesale |
Bulk consumers
(Big chain retailers shops) |
Processor |
|
| Retail Outlets | Depot | ||||
| Edible Oil | 30 Quintals | 500 Quintals | 30 Quintals | 1000 Quintals | 90 days of storage capacity/ production capacity |
| Edible Oilseeds | 100 Quintals | 2000 Quintals |
—- |
90 days production of edible oils, as per daily input production capacity | |
- Exporters and importers, being refiners, millers, extractors, wholesalers or retailers or dealers, having Importer-Exporter Code Number issued by the Director General of Foreign Trade upon being able to explain that their stocks or part of it are meant for exports or sourced from imports will however, be exempted from the prescribed stock limits;
- Edible Oils and Edible Oilseeds stock must be regularly declared and updated on the portal of the Department of Food & Public Distribution (https://evegoils.nic.in/eosp/login).
In case, any legal entity holds stocks higher than the prescribed limit, such entity is required to make declaration of such on the portal of Department of Food & Public Distribution (https://evegoils.nic.in/eosp/login) and bring stocks down to the prescribed limit by 29th April, 2022.
A Copy of the Order is linked below for your ease of reference.
Source: Ministry of Consumer Affairs, Food and Public Distribution
