MoCAF&PD amended an older notification related to Wheat Stock Limits under the Essential Commodities Act

Dec 12, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Consumer Affairs, Food and Public Distribution (MoCAF&PD) on December 11, 2024, amended an older notification No. S.O.2428 (E) dated June 24, 2024, related to Wheat Stock Limits under the Essential Commodities Act.

The following has been stated: -

•The Central Government has amended the stock limits for wheat under the Essential Commodities Act, effective until March 31, 2025. The new limits are 1000 MT for traders/wholesalers, 5 MT for retailers, and 5 MT per outlet for big chain retailers with a total limit across all outlets and depots. 

•Processors are allowed 50% of their Monthly Installed Capacity. Legal entities must declare their stock positions on the designated portal and comply with stock limits within 15 days.

[Notification No. S.O. 5343(E)]

 

 


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