Home› India› Ministry of Commerce and Industry› Amendment in Export policy of DeOiled Rice Bran...
Date: 08-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

Amendment in Export policy of DeOiled Rice Bran

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

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • This notification amends the export policy for De-Oiled Rice Bran, extending the existing prohibition on its export.

Key Changes

  • The prohibition on the export of De-Oiled Rice Bran, classified under ITC HS code 2306 and any other HS code, has been extended until March 31, 2024.
  • This amendment is a partial modification of Notification No. 21/2023 dated July 28, 2023.

Impact Analysis

Stakeholders Affected

  • Foreign Buyers: International buyers who rely on De-Oiled Rice Bran from India will need to seek alternative sources.

Suggested Action Items

  • Government Agencies: Monitor the impact of the export ban on the domestic market and agricultural sector. Consider measures to support affected stakeholders and promote the sustainable utilization of rice bran.

Key Entities Referenced

Central Government: The issuing authority responsible for amending the export policy through the Directorate General of Foreign Trade (DGFT). Directorate General of Foreign Trade (DGFT): The agency within the Ministry of Commerce and Industry responsible for implementing and enforcing foreign trade policy. Foreign Trade (Development & Regulation) Act, 1992: The primary legislation authorizing the Central Government to regulate foreign trade. Foreign Trade Policy, 2023: The overarching policy framework guiding India's foreign trade activities. ITC HS code 2306: The Harmonized System code used to classify Oil-cake and other solid residues resulting from the extraction of vegetable or microbial fats or oils. Notification No. 21/2023 dt. 28th July, 2023: The original notification that is being partially amended by this current notification.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-09122023-250516 CG-DxLx-xEG-I0D9H1x2x2x0 23-250516 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4993] नई दिल्ली, िुक्रवार, दिसम्ब र 8, 2023/अग्रहायण 17, 1945 No. 4993] NEW DELHI, FRIDAY, DECEMBER 8, 2023/AGRAHAYANA 17, 1945 ubZ fnYyh] 8 fnlEcj] 2023 Mh&vk;YM jkbl cSzu dh fu;kZr uhfr es a la'kks/kuA .—fon's k O;kikj uhfr] 2023 ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr ;Fkk la'kkfs/kr fons'k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e] 1992 ¼1992 dh la- 22½ dh /kkjk 5 ds lkFk ifBr /kkjk 3 }kjk iznÙk 'kfDr;ks a dk iz;ksx djr s gq,] dsUnz ljdkj ,rn~}kjk fnukad 28 tqykbZ] 2023 dh vf/klwpuk la- 21@2023 eas vkaf'kd la'kks/ku djr s gq, Mh&vk;YM jkbl cSzu dh fu;kZr uhfr ls lacaf/kr vkbZVhlh ,p,l fu;kZr uhfr dh vuqlwph&2 ds v/;k; 23 ea s fuEufyf[kr la'kks/ku djrh gS%& 94 d 2306 [kyh vkSj vU; Bksl vof'k"V] pkgs eqDr rFkkfi] vkbZVhlh ,p,l dkMs ihlh gqbZ gks vFkok fVfd;ka ds #i es a 2306 vkSj vU; fdlh ,p,l gks] ouLifr vFkok ekbØkfsc;y QsVl dksM ds varxZr Mh&vk;YM jkbl vFkok rsyks a ds fu’d’kZ.k ls izkIr] czSu dk fu;kZr fnukad 31-03-2024 “kh’kZd 2304 vFkok 2305 dh oLrqvks a rd fuf"k) gSA ds vykok 7588 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] Mh&vk;y jkbl czSu ds fuf’k) fu;kZr dks fnukad 31 ekpZ] 2024 rd c<+k;k x;k gSA [Qk- la- 01@91@191@030@,,e21@bZlh@bZ&36363] larks"k dqekj lkjaxh] Ekgkfuns'kd] fons'k O;kikj ,oa inus vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 8th December, 2023 No. 51/2023 Subject : Amendment in Export policy of De-Oiled Rice Bran S.O. 5222(E).—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, 2023, the Central Government hereby, in slight modification of Notification No. 21/2023 dt. 28th July, 2023, makes following amendment in Chapter 23 of the Schedule -2 of ITC HS export policy related to export policy of De-Oiled Rice Bran: Sl. No. ITC HS code Description Present Policy Policy Condition 94 A 2306 OIL-CAKE AND OTHER Free However, export of De-Oiled Rice Bran SOLID RESIDUES, WHETHER under ITC HS code 2306 and under any OR NOT GROUND OR IN THE other HS code is prohibited till FORM OF PELLETS, 31.03.2024. RESULTING FROM THE EXTRACTION OF VEGETABLE OR MICROBIAL FATS OR OILS, OTHER THAN THOSE OF HEADING 2304 OR 2305 2. Effect of the Notification: Export prohibition of De-Oiled Rice Bran is extended till 31stMarch, 2024. [F. No. 01/91/191/030/AM21/EC/E-36363] SANTOSH KUMAR SARANGI, Director General of Foreign Trade & Ex- officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research

Related Documents from Ministry of Commerce and Industry