DGFT amended the export policy of Non-basmati white rice (HS Code 1006 30 90)

Aug 18, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on August 18, 2023, issued a notification regarding the amendment to the export policy of Non-basmati white rice (HS Code 1006 30 90)

The following has been amended namely: -

•It states that the Export Policy of Non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed: Other) under HS code 1006 30 90 has been amended from 'Free' to 'Prohibited' vide Notification No. 20/2023 dated July 20, 2023 

• The provisions as under Para 1.05 of the Foreign Trade Policy, 2023 regarding transitional arrangement were not made applicable however, consignments of Non-basmati rice were allowed to be exported under the following conditions namely: -

(i) where loading of Non-basmati rice on the ship has commenced before this Notification.

(ii) where the shipping bill is filed and vessels have already berthed or arrived and anchored in Indian ports and their rotation number has been allocated before this Notification; The approval of loading in such vessels will be issued only after confirmation by the concerned Port Authorities regarding anchoring/berthing of the ship for loading of Non-basmati rice prior to the Notification 

(iii) where Non-basmati rice consignment has been handed over to the Customs/custodian before this Notification and is registered in their systems/ where Non-basmati rice consignment has entered the Customs station for exportation before this Notification and is registered in the electronic systems of the concerned Custodian of the Customs station with verifiable evidence of the date and time stamping of these commodities having entered the Customs Station prior to July 20, 2023, The period of export shall be upto August 31, 2023

• it is clarified that conditions (i), (ii) & (iii) of Para- 2 of Notification dated independent of each other and export is allowed in case of completion of any one of the conditions of Para-2 of the notification dated July 20, 2023, by the exporter.

 

[Notification No. Trade Notice 23/2023]


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