**Policy Summary: Export Quota for Broken Rice (HS Code 1006 40 00) - 2022-23**
This notification, dated October 2, 2022, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, establishes a quota of 397,267 MT for the export of broken rice (HS Code 1006 40 00) for the period up to March 31, 2023, pertaining to the year 2022-23. This quota applies to exports under the otherwise prohibited export policy for broken rice.
Eligibility for this quota is restricted to applicants whose Letters of Credit (LCs) were opened *before* Notification No. 31/2015-2020, dated September 8, 2022, and for which the message exchange date between the Indian and foreign bank SWIFT date is also *prior* to September 8, 2022.
The allocation procedure for distributing the 397,267 MT quota among eligible applicants will be notified separately by the Directorate General of Foreign Trade.
For further information, contact the Director General of Foreign Trade at dgft@nic.in. This notification is issued from F.No. 01/91/171/35/AM20/E.File/Part-1/e-19680.
Key Entities Referenced
Directorate General of Foreign Trade: An organization under the Ministry of Commerce and Industry, responsible for implementing the Foreign Trade Policy.
Foreign Trade Development Regulation Act, 1992: The Act of Parliament that confers powers to the Central Government to make provisions for the development and regulation of foreign trade.
Foreign Trade Policy, 2015-2020: The policy document that outlines the framework for promoting and regulating foreign trade.
Central Government: The executive authority of the Union of India.
HS Code 1006 40 00: The Harmonized System code for broken rice, subject to export quota restrictions.
ITC HS, 2018, Schedule IJ Export Policy: Indian Trade Classification based on Harmonized System of Coding. This schedule outlines the export policy for specific goods.
Santosh Kumar Sarangi: Director General of Foreign Trade & Ex-Officio Additional Secretary, Government of India
New Delhi: The location of Directorate General of Foreign Trade office, Delhi, India.
To be Published in the Gazette of India Extraordinary Part-I, Section - 3, Sub-Section (ii)
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijyya Bhawan, New Delhi
Notification No. 58 /2015-2020
New Delhi, Dated: !2 October, 2022
Subject: - Export quota of only broken rice (HS code 1006 40 00) for the year 2022-23.
”
S.O. (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, 2015-20, the Central Government hereby notifies quota of
3,97,267 MT for export of only broken rice under HS Code 1006 40 00 of Chapter 10 of ITC
(HS), 2018, Schedule — IJ (Export Policy), for the period up to 31 March, 2023, for the year
2022-23, the export policy of which is ‘Prohibited’.
2. The export quota of 3,97,267 MT will be distributed amongst the applicants whose LCs are
opened before the Notification No.31/2015-2020 dated 8th September, 2022 and the message
exchange date between the Indian and foreign bank / swift date has been prior to 8th September,
2022, as per procedure to be notified separately by Directorate General of Foreign Trade.
3. Effect of the Notification:
Quota of 3,97,267 MT of only broken rice under HS Code 1006 40 00, applicable only to LCs
opened before the Notification No.31/2015-2020 dated 8th September, 2022 and the message
exchange date between the Indian and foreign bank / swift date also prior to 8th September,
2022, to be exported during year 2022-23, is notified.
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(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: dgft@nic.in
(Issued from F.No. 01/91/171/35/AM20/E-File/Part-1/e- 19680)