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Date: 20-Aug-2024 Category: Extra Ordinary State: Union Government Country: India

Amendment in Export Policy of DeOiled Rice Bran reg

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

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Executive Summary & Key Takeaways

What it means

  • This gazette notification from the Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade (DGFT), India, amends the export policy for De-Oiled Rice Bran (DORB).
  • It announces a temporary prohibition on the export of DORB.

Key Changes

  • The notification, numbered 23/2024-25, dated August 16, 2024, supersedes Notification No. 76/2023 dated March 15, 2024.
  • Export of De-Oiled Rice Bran is prohibited until January 31, 2025.
  • This prohibition applies to various ITC(HS) codes covering DORB under Chapter 23 of Schedule-II (Export Policy): 23024000, 23069019, 23069029, and 23069090.
  • The previous export policy for DORB is amended. The specific details of the previous policy are not provided in this notification.

Impact Analysis

Impact on Exporters

  • Exporters need to monitor the DGFT website for any further updates or changes to the export policy.

Impact on Domestic Market

  • Increased domestic availability could benefit industries that use DORB as a raw material (e.g., animal feed).

Impact on Consumers

  • Potentially lower prices for products using DORB as a component (e.g., animal feed).

Suggested Action Items

  • Regular monitoring of the DGFT website for updates is crucial for all stakeholders.

Key Entities Referenced

Ministry of Commerce and Industry: The issuing authority of the notification. Department of Commerce: The specific department within the Ministry responsible for the notification. Directorate General of Foreign Trade (DGFT): The agency responsible for implementing and enforcing foreign trade policies in India. Foreign Trade (Development & Regulation) Act, 1992: The legal framework under which the notification is issued. Foreign Trade Policy 2023: The overarching policy document that this notification amends. Notification No. 76/2023: The previously issued notification that this notification supersedes. ITC(HS) Codes: Harmonized System codes used for classifying traded goods; specific codes mentioned relate to De-Oiled Rice Bran. Schedule-II (Export Policy): Part of the Foreign Trade Policy 2023 detailing export regulations. Santosh Kumar Sarangi, Director General of Foreign Trade: The signatory of the notification.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-20082024-256493 CG-DxLx-xEG-I2D0H0x8x2x0 24-256493 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.ं 3187] िई ददल्ली, मगं लवार, अगस्ट्त 20, 2024/श्रावण 29, 1946 No. 3187] NEW DELHI, TUESDAY, AUGUST 20, 2024/SHRAVANA 29, 1946 वाजणज्य एव ंउद्योग मत्रं ालय (वाजणज्य जवभाग) (जवदेि व्यापार महाजिदेिालय) अजधसचू िा िई ददल्ली, 16 अगस्ट् त, 2024 का.आ. -≤≤ ij ;Fkk la'kksf/kr fons'k O;kikj uhfr 2023] ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr fons'k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e] 1992 dh /kkjk 5 ds lkFk ifBr /kkjk 3 }kjk iznÙk 'kfDr;ks a dk iz;ksx djrs gq,] dsUnz ljdkj ,rn~}kjk fnukad 15 ekpZ] 2024] dh iwoZ vf/klwpuk la- 76@2023 ds la'kks/ku eas vuqlwph&II ¼fu;kZr uhfr½ ds v/;k; 23 ds rgr fu;kZr uhfr xr 'krZ eas fuEufyf[kr ifjoruZ djrh gS% 2302&czku] 'kkiZ vkSj vU; vof'k"V] pkgs fVfd;k ds #i eas gk s vFkok ugha] vukt vFkok Qyhnkj ikS/kks a ds LFkkukarj.k] ihlus vFkok vU; dk;Z ls izkIr vU; vukt ds eqDr Mh&vkW;YM jkbl czku dk fu;kZr 31 tuojh] 2025 rd ^fuf"k)^ gSA 2306 [kyh vkSj vU; Bksl vof'k"V pkgs ihlh gqbZ gks vFkok fVfd;k ds #i eas gks] ouLifr vFkok ekbØksfc;y olk vFkok rys ksa ds fu"d"kZ.k ls izkIr] 5262 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 'kh"kZd 2304 vFkok 2305 dh oLrqvks a ds vykok vU; [kyh vkSj [kyh [kk|] fu"dklu eqDr Mh&vkW;YM jkbl czku dk fu;kZr 31 tuojh] 2025 fdLe% vU; chtksa ds rd ^fuf"k)^ gSA vU; [kyh vkSj [kyh [kk|] foyk;d noz ls eqDr Mh&vkW;YM jkblczku dk fu;kZr 31 tuojh] 2025 fudkyh gqbZ ¼olk jfgr½ fdLe% vU; chtks a ds rd ^fuf"k)^ gSA vU;&vU; eqDr Mh&vkW;YM jkbl czku dk fu;kZr 31 tuojh] 2025 rd ^fuf"k)^ gSA Mh&vk;YMjkblczku dk fu;kZr 31 tuojh] 2025 rd ^fuf"k)^ gSA [Qk- la- ,e&01@91@191@030@,,e&21@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 16th August, 2024 No. 23/2024-25 Subject: Amendment in Export Policy of De-Oiled Rice Bran -reg S.O. 3503 (E).—In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with Para 1.02 and 2.01 of the Foreign Trade Policy2023, as amended from time to time, the Central Government hereby, in amendment of the earlier Notification No. 76/2023 dt. 15th March 2024, makes the following changesin Export Policy conditionsunder Chapter 23of Schedule-II(Export Policy): ITC(HS) code& Description Export Policy Revised Policy Condition 2302 - Bran, Sharps and OtherResidues, Whether or not in the form of Pellets, derived from the Sifting, Milling or Other Working of Cereals or of Leguminous Plants 23024000- Of other Cereals Free Export of De-oiled Rice Bran is ‘Prohibited’ till 31st January 2025. 2306 -Oil-Cake and other Solid Residues, Whether or not Ground or in the form of Pellets, resulting from the Extraction of Vegetableor Microbial Fats or Oils, Other than those of Heading 2304 or 2305 23069019 - Other ---Oil-cake and oil-cake meal, Free Export of De-oiled Rice Bran is expeller variety: ---- Of otherseeds ‘Prohibited’ till 31st January 2025. 23069029 - Other --- Oil-cake and oil-cake meal, solvent Free Export of De-oiled Rice Bran is extracted (defatted)variety: ---- Of other seeds ‘Prohibited’ till 31st January 2025. 23069090 - Other --- Other Free Export of De-oiled Rice Bran is ‘Prohibited’ till 31st January 2025. Effect of the Notification:Export of De-Oiled Rice Bran is ‘Prohibited’up to 31st January 2025. [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.

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