Home India Ministry of Commerce and Industry Amendment in Policy condition of Sl.No. 55 & 57, Chapter 10 ...
Date: 2021-07-01 Category: Not Applicable State: Union Government Country: India

Amendment in Policy condition of Sl.No. 55 & 57, Chapter 10 Schedule-2, ITC(HS) Export Policy, 2018 –reg.

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

This notification, issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, amends Notification No. 51 dated 29.12.2020 regarding the export policy conditions for Basmati and Non-Basmati rice under Chapter 10, Schedule 2 of the ITC HS Export Policy, 2018. Specifically, it concerns S.O.E. The amendment stipulates that exports of Non-Basmati rice (Tariff item/ITC HS code 1006 2000) and Basmati rice (Tariff item/ITC HS codes 1006 3010, 1006 3020, 1006 3090 and 1006 40 00) to EU Member States and European countries namely Iceland, Liechtenstein, Norway and Switzerland remains free, but is subject to the issuance of a Certificate of Inspection by the Export Inspection Council (EIC) or Export Inspection Agency (EIA). Furthermore, a Certificate of Inspection by the EIC/EIA will be mandatory for exports of Basmati and Non-Basmati rice to all remaining European countries (excluding Iceland, Liechtenstein, Norway, and Switzerland) effective January 1st, 2022. This notification is issued under the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992, as amended, read with Para 1.02 and Para 2.01 of the Foreign Trade Policy, 2015-2020. For further information, contact the Director General of Foreign Trade, Ex-Officio Additional Secretary, Government of India, via email at dgft@nic.in. The notification originates from File No. 01/91/171/148/AM21/EC and is dated July 1st, 2021.

Key Entities Referenced

Foreign Trade Development and Regulation Act, 1992: An act of the Indian Parliament that regulates foreign trade. Foreign Trade Policy, 2015-2020: A policy document outlining the guidelines and objectives for India's foreign trade during the period 2015-2020. ITC HS Export Policy, 2018: Indian Trade Clarification based on Harmonized System (ITC HS) export policy. Udyog Bhavan, New Delhi: Location of Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce and Industry. European Union Member States: The member countries of the European Union. Iceland: A European country. Liechtenstein: A European country. Export Inspection Council: An agency responsible for issuing Certificates of Inspection for exported goods.
Official Source Record View Original Source →
See Full Document Text
(To be published in the Gazette of India Extraordinary Part-II, Section -3, sub Section ii) Government of India Ministry of commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhavan, New Delhi Notification No. 12/2015-2020 Dated: 1st July, 2021 Subject: Amendment in Policy condition of SI.No. 55 & 57, Chapter 10 Schedule-2, ITC(HS) Export Policy, 2018 -reg. S.0.(E) In exercise of powers conferred by Scction 3 of the foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended read with para 1.02 and Para 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment to the Notification No. 51 dated 29.12.2020 amending the policy condition at SI. No. 55 and 57, Schedule 2 of ITC (HS) Export Policy, 2018 for export of rice (Basmati and Non-Basmati). 2. The following policy conditions shall be amended to the existing entries of Chapter 10 at Sl. No. 55 and 57:- SI.No. [Tariff item |[tem Export |Proposed Amended Policy IHS code [Description |Policy |Condition SS 1006 2000 |Non- Free + Export to EU Member States| 1006 30 Basmati and European countries} 1006 3010 JRice namely Iccland, Liechtenstein,] 1006 3090 Norway and Switzerland 1006 40 00 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] be mandatory for export to remaining European countries with effect from 1st January,| 2022. ST 1006 3020 |Basmati Free « Export to EU Member States| Rice and European countries (Dehusked namely Iceland, Liechtenstein, (Brown),sem Norway and Switzerland] i-milled, permitted subject to issuance of| milled both Certificate of Inspection _ bylin either Export Inspection Council / lpar-boiled or Export Inspection Agency. raw condition. Certificate of Inspection by; Export Inspection Council/ Export Inspections Agency shall] be mandatory for export tol remaining European countries with effect from 1st January,| 2022. 3. Effect of notification: The Notification No. 51/2015-2020 dated 29.12.2020 is amended to the extent that export of Rice (Basmati and Non-Basmati) to EU member states and other European Countries namely Iceland, Liechtenstein, Norway and Switzerland only will require Certificate of Inspection from EIA/EIC. Export to remaining European countries (except Iceland, Liechtenstein, Norway and Switzerland) will require Certificate of Inspection by Export Inspection Council/Export Inspection Agency for export from 1*t January, 2022. ea to) amt VeLlport Director General of Foreign Trade Ex-Officio Additional. Secretary, Government of India e-mail: dgft@nic.in (Issued from File No.01/91/171/148/AM21/EC)

Continue your research