Home India Ministry of Commerce and Industry Amendment in Export Policy of broken rice under HS code 1006...
Date: 2022-11-07 Category: Not Applicable State: Union Government Country: India

Amendment in Export Policy of broken rice under HS code 1006 4000

Issued by Ministry of Commerce and Industry · Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

**Policy Summary: Amendment to Export Policy of Broken Rice (HS Code 1006 40 00)** This notification, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, amends Condition iii of Para 2 of Notification No. 31/2015-2020, dated September 8, 2022, regarding the export policy of broken rice under HS Code 1006 40 00. The original condition stipulated clearance only for broken rice consignments handed over to Customs before the aforementioned notification and registered in their system. The amended condition now includes consignments that have entered the Customs Station for exportation before the original notification date (September 8, 2022) and are registered in the electronic systems of the concerned Custodian of the Customs Station, with verifiable evidence of date and time stamping confirming entry prior to September 8, 2022. The amendment is effective immediately and aims to provide clearance for rice consignments held up in Container Freight Stations (CFS) which had been handed over to the CFS before this Notification. The period of export shall be upto 30th November, 2022. The legal basis for this amendment is derived from Section 3 and Section 5 of the Foreign Trade (Development and Regulation) Act, 1992, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20. For further information, contact Santosh Kumar Sarangi, Director General of Foreign Trade & Ex-Officio Additional Secretary, Government of India, at dgft@nic.in. The notification was issued from F.No 0191171010AM23ECE33294.

Key Entities Referenced

Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry. Department of Commerce: A department under the Ministry of Commerce and Industry, Government of India. Directorate General of Foreign Trade: An attached office of the Ministry of Commerce and Industry responsible for implementing the Foreign Trade Policy. New Delhi: The location of Vanijya Bhawan, the office of the Directorate General of Foreign Trade. Foreign Trade Development and Regulation Act, 1992: The Indian law that empowers the government to regulate foreign trade. Foreign Trade Policy, 2015-2020: The policy document outlining the guidelines and objectives for India's foreign trade. broken rice: The commodity whose export policy is being amended. Santosh Kumar Sarangi: Director General of Foreign Trade & Ex-Officio Additional Secretary, Government of India.
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See Full Document Text
To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii) Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 42 /2015-2020 New Delhi, Dated: + November, 2022 Subject: - Amendment in Export Policy of broken rice under HS Code 1006 40 00. S.O. (E) In partial modification of the Notification No. 31 /2015-2020 dt. 8th September, 2022 , the Central Government , in exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, hereby amends Condition (iii) of Para-2 of Notification No. 31/2015-2020 dt. 08.09.2022. 2. Original condition (iii) of Para -2 of Notification No. 31/2015-20250 dt. 08.09.2022 is as under:- ili. where broken rice consignment has been handed over to the Customs before this Notification and is registered in their system. Amended condition (iii) of Para-2 of Notification No. 31//2015-20250 dt. 08.09.2022 is as under:- iii. where broken rice consignment has been handed over to the Customs before this Notification and is registered in their system / where broken 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 date and time stamping of these commodities having entered the Customs Station prior to 8.9.2022. The period of export shall be upto 30th November, 2022. 3. Effect of this Notification: Condition (iii) of Para-2 of Notification No. 31/2015-2020 dt. 08.09.2022 has been amended with immediate effect so as to provide clearance to such rice consignments held up in CFS which had been handed over to the Container Freight Station (CFS) before this Notification. : ok aw” (Santosh Kumar Sarangi) Director General of Foreign Trade Ex-Officio Additional Secretary, Government of India E-mail: dgft@nic.in [Issued from F.No — 01/91/171/010/AM23/EC/E-33294]

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