Home India Ministry of Commerce and Industry Implementation of Notification No. 06/2015-20 dated 13.05.20...
Date: 2022-05-17 Category: Not Applicable State: Union Government Country: India

Implementation of Notification No. 06/2015-20 dated 13.05.2022 - Prohibition on export of wheat

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

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Executive Summary & Key Takeaways

**Summary:** This trade notice, No. 08/2022-2023, issued by the Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce and Industry, dated May 17, 2022, addresses the implementation of Notification No. 06/2015-2020 dated May 13, 2022, which prohibits the export of wheat. The notice informs all Regional Authorities of DGFT, Customs Commissionerates, and members of the trade that an online submission module has been initiated to facilitate the registration of Irrevocable Commercial Letters of Credit (ICLC) opened on or before May 13, 2022, with the jurisdictional Regional Authorities of DGFT, as per Para 1.05 b of the Foreign Trade Policy 2015-2020. Exporters are instructed to apply for the Registration Certificate via the DGFT website (www.dgft.gov.in) under "Services Export Management System Registration Certificate for Exports." Manual submissions of ICLC registration applications are not permitted. Regional Authorities under DGFT have been instructed to process complete applications preferably within 24 hours of receipt, as per Trade Notice No. 06/2022-2023 dated May 14, 2022. For further information, S. K. Mohapatra, Deputy Director General of Foreign Trade, can be contacted at mohapatra.sk@nic.in. The notice originates from F.No. 01/91/180/032/AM22/EC/Pt.E-31336.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): An agency of the Ministry of Commerce and Industry responsible for implementing the Foreign Trade Policy. Foreign Trade Policy, 2015-2020: A policy document outlining the guidelines and objectives for India's foreign trade. Notification No. 06/2015-2020: A notification amending the export policy of wheat. Trade Notice No. 06/2022-2023: A trade notice related to processing applications completely related to export policy. Trade Notice No. 07/2022-2023: A trade notice related to export policy. Wheat: A grain, the export policy of which is being amended from Free to Prohibited. Irrevocable Commercial Letter of Credit (ICLC): A financial instrument used in international trade for securing payments. S. K. Mohapatra: Deputy Director General of Foreign Trade.
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Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade cen meee reer ere wer eee eeaee Dated 17" May, 2022 Trade Notice No.08/2022-2023 To 1. All Regional Authorities of DGFT 2. All Customs Commissionerates 3. Members of Trade Subject: Implementation of Notification No.06/2015-2020 dated 13" May, 2022- Prohibition on export of wheat. Reference is invited to Notification No.06/2015-2020 dated 13"" May, 2022 amending the export policy of wheat under S.No.59 of Chapter 10 of Schedule — 2 of the ITC (HS) Export Policy from ‘Free’ to ‘Prohibited’ with immediate effect read with Trade Notice No.06/2022- 2023 dated 14" May, 2022 and Trade Notice No.07/2022-2023 dated 17" May, 2022. Pe In this regard it is informed that in order to facilitate registration of Irrevocable Commercial Letter of Credit (ICLC), which have been opened on or before 13” May, 2022, with the jurisdictional Regional Authorities of DGFT, as per provisions under Para 1.05 (b) of Foreign Trade Policy, 2015-2020, DGFT has initiated online submission module of such applications. 3. Accordingly, exporters may apply for Registration Certificate by navigating to the following weblink: www.dgft.gov.in => Services => Export Management System <> Registration Certificate for Exports. No manual submission of application is allowed for registration of ICLC. 4, The Regional Authorities under DGFT have already been instructed, vide Trade Notice No.06/2022-2023 dated 14" May, 2022, to process such applications complete in all respect, preferably within 24 hours of receiving the applicatio n. ip dele This issues with the approval of competent authority. (S. K. Mohapatra) Deputy Director General of Foreign Trade E-mail: mohapatra.sk@nic.in (Issued from F.No. 01/91/180/032/AM22/EC/Pt,/E-3 1336)

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