Executive Summary:
This notification amends the Export Policy regarding Basmati Rice under the ITC HS Export Policy 2018. It addresses the mandatory requirement of Certificate of Inspection for export to EU member states and certain European countries. The amendment temporarily waives this certificate for exports to remaining European countries for six months from the date of the notification. This change aims to ease export conditions for Basmati rice.
Key Points / Main Content:
* **Amendment Details:**
* SIL No. 55 and 57 in Chapter 10, Schedule 2 of ITC HS Export Policy, 2018 are amended.
* Concerns export of Basmati rice (HS codes 10063020 and 10063090).
* **Certificate of Inspection (COI):**
* Export to EU member states, United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland still requires a Certificate of Inspection by the Export Inspection Council/Export Inspection Agency (EIC/EIA).
* COI from EIC/EIA is *not* mandatory for export to *remaining* European countries.
* **Temporary Waiver:**
* The waiver of mandatory COI for remaining European countries is effective from the date of the notification.
* The waiver is valid for a period of six months.
Impact Analysis:
Exporters of Basmati Rice:
* Impact: Reduced burden and potential cost savings related to inspection certificates for exports to remaining European countries for six months. They can continue exporting with mandatory certificate of inspection to EU member states, United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland.
* Action Required: Be aware of the six-month validity of the waiver. Ensure compliance with certificate requirements for EU member states, United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland.
Export Inspection Council/Export Inspection Agency (EIC/EIA):
* Impact: Potential decrease in the volume of inspections required for Basmati rice exports to remaining European countries for six months.
* Action Required: Adjust inspection schedules and resource allocation based on the reduced demand for certificates for remaining European countries. Continue providing inspection services for exports to EU member states, United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland.
Key Entities Referenced
Directorate General of Foreign Trade: An agency under the Ministry of Commerce and Industry, responsible for implementing the foreign trade policy.
Vanijya Bhavan, New Delhi: Location of the Directorate General of Foreign Trade office in New Delhi.
Export Policy 2018: The export policy governing the export of goods, specifically rice in this notification.
ITC HS: Indian Trade Clarification based on Harmonized System of Coding, used for classifying goods in foreign trade.
Export Inspection Council: A government agency responsible for quality control and inspection of goods for export.
European Union: An economic and political union of European countries, also referred to as EU Member States.
United Kingdom: Country in Europe, trading partner with India
Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-officio Additional Secretary to the Government of India.
((To be published in the Gazette of India Extraordinary
Part-I], Section -3, sub Section ii]
Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of F oreign Trade
Vanijya Bhavan, New Delhi
Notification No. 2024-25
New Delhi, Dated the § *July, 2024
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3. Effect of notification:
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¢ Export to EU Member States and European countries
namely United Kingdom,
Iceland, Liechtenstein, Norway and Switzerland permitted subject to issuance of Certificate of Inspection
by Export Inspection Council
/ Export Inspection Agency.
Certificate of Inspection by
Export Inspection Council/
Export Inspections Agency
shall not be mandatory for
export to remaining European
Countries with effect from the
date of this notification for a
period of six months.
a
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of notification
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Inspection from EIC/EIAs. EF.
of Inspection by Export Inspecti
of this notification for a period of six months,
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex-officio Addl.Secretaryto
the to the Govt. of India
E-mail : dgft@nic.in
(F. No. 01/91/171/3 S/AM20/EC/E-File/E-18655)