Home India Ministry of Commerce and Industry Amendment in Policy condition of Sl.No. 55 & 57, Chapter 10 ...
Date: 2022-03-23 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

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Executive Summary & Key Takeaways

Executive Summary: Notification No. 61/2015-2020, dated March 23, 2022, amends the export policy conditions for Basmati and Non-Basmati rice under the ITC HS Export Policy, 2018. This amendment modifies Notification No. 60/2015-2020, dated March 9, 2022, concerning the requirement of a Certificate of Inspection. A key date is July 1, 2022, for mandatory inspection certificates to remaining European countries. Key Points / Main Content: * **Policy Amendment:** Amends the policy conditions at Sl. No. 55 and 57 in Chapter 10, Schedule 2 of the ITC HS Export Policy, 2018, for Basmati and Non-Basmati rice. * **Certificate of Inspection (Existing):** Export of Basmati and Non-Basmati rice to EU member states, the United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland requires a Certificate of Inspection issued by the Export Inspection Council/Export Inspection Agency (EIC/EIA). * **Certificate of Inspection (New):** Export of Basmati and Non-Basmati rice to the remaining European countries requires a Certificate of Inspection issued by the Export Inspection Council/Export Inspection Agency (EIC/EIA) mandatory from July 1, 2022. Impact Analysis: * **Exporters of Basmati and Non-Basmati Rice:** * *Impact:* Must obtain a Certificate of Inspection from EIC/EIA for exports to EU member states, the United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland. Additionally, from July 1, 2022, a certificate is required for exports to the remaining European countries. * *Action Required:* Ensure compliance with the new certification requirements from July 1, 2022, for exports to all European countries except the United Kingdom, Iceland, Liechtenstein, Norway, and Switzerland. * **Export Inspection Council/Export Inspection Agency (EIC/EIA):** * *Impact:* Responsible for issuing Certificates of Inspection for Basmati and Non-Basmati rice exports. They must prepare for increased demand for inspection services from July 1, 2022, for exports to remaining European countries. * *Action Required:* Prepare for an increase in requests for inspection certificates and ensure adequate resources to meet the demand from July 1, 2022.

Key Entities Referenced

Foreign Trade Development and Regulation Act, 1992: An act of the Parliament of India to provide for the development and regulation of foreign trade. Foreign Trade Policy, 2015-20: A policy document outlining the guidelines and objectives for promoting and regulating India's foreign trade. ITC HS Export Policy, 2018: Indian Trade Clarification based on Harmonized System of Coding. This policy governs the export regulations of goods. European Union: A political and economic union of member states located primarily in Europe. United Kingdom: A country in Europe comprising Great Britain and Northern Ireland. Iceland: A Nordic island country in the North Atlantic. Liechtenstein: A German-speaking microstate in the Alps between Austria and Switzerland. Santosh Kumar Sarangi: Director General of Foreign Trade and Ex-Officio Additional Secretary, Government of India
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Notification No. 61/2015-2020 Dated: 23" March, 2022 Subject: Amendment in Policy condition of Sl. No. 55 & 57, Chapter 10 Schedule-2, ITC(HS) Export Policy, 2018 —reg. S.0.(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 Para 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendment to the Notification No. 60/2015-20 dated 09.03.2022 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:- SL | Tariff item Item Export | Present Policy Condition Revised Policy Condition No. | HS code Description | Policy 55 | 1006 2000 Non- Free e Export to EU Member Export to EU Member 100630 Basmati States and European States and European 1006 3010 Rice countries namely countries namely United 1006 3090 Iceland, Liechtenstein, Kingdom, Iceland, 10064000 Norway and Switzerland Liechtenstein, Norway and permitted subject to Switzerland permitted issuance of Certificate of subject to issuance of Inspection by Export Certificate of Inspection by Inspection Council / Export Inspection Council / Export Inspection Export Inspection Agency’. Agency’. Certificate of Inspection by Certificate of Inspection Export Inspection Council/ by Export Inspection Export Inspections Agency Council/ Export shall be mandatory for Inspections Agency shall export to remaining be mandatory for export European countries with to remaining European effect from Ist July, countries with effect 2022. from 1TM July, 2022. 57 | 1006 3020 Basmati Free e Export to EU Member Export to EU Member Rice States and European States and European (Dehusked countries namely countries namely United (Brown), Iceland, Liechtenstein, Kingdom, Iceland, semi-milled, Norway and Switzerland Liechtenstein, Norway and milled both permitted subject to Switzerland permitted in either par- issuance of Certificate of subject to issuance of boiled or Inspection by Export Certificate of Inspection by raw Inspection ~ Council / Export Inspection Council / condition. Export Inspection Export Inspection Agency. Agency.Certificate of Certificate of Inspection by Inspection by Export Export Inspection Council/ Inspection Council/ Export Inspections Agency Export Inspections shall be mandatory for Agency _ shall be export to remaining mandatory for export European countries with to remaining European effect from Ist July, 2022. countries with effect from Ist July, 2022. Effect of notification: The Notification No. 60/2015-2020 dated 09.03.2022 is amended to the extent that export of Rice (Basmati and Non-Basmati ) to EU member states and other European Countries namely United Kingdom, Iceland, Liechtenstein, Norway and Switzerland only will require Certificate of Inspection from EIA/EIC. Export to remaining European countries (except United Kingdom, Iceland, Liechtenstein, Norway and Switzerland) will require Certificate of Inspection by Export Inspection Council / Export Inspection Agency for export from 1" July, 2022. a (Santosh Kumar Sarangi) 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/E-18655)

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