Home India Ministry of Commerce and Industry Imposition of Port restrictions on supply of ProhibitedRestr...
Date: 15-Apr-2024 Category: Extra Ordinary State: Union Government Country: India

Imposition of Port restrictions on supply of ProhibitedRestricted essential commodities to the Republic of Maldives during 202425

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

What it means

  • The notification imposes port restrictions on the export of prohibited/restricted essential commodities to the Republic of Maldives for the year 2024-25.
  • Exports will only be permitted through four designated customs stations.

Key Changes

  • Essential commodities under the prohibited/restricted category can only be exported to the Republic of Maldives through Mundra Sea Port, Tuticorin Sea Port, Nhava Sheva Sea Port (JNPT), and ICD Tughlakabad during 2024-25.
  • This notification is issued under Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992, and paragraphs 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023.
  • This amends Notification No. 03/2023 dated 05.04.2024.

Impact Analysis

Exporters

  • Action Item: Review current export routes and logistics to align with the new port restrictions. Update shipping agreements and contracts accordingly.

Logistics and Shipping Companies

  • Action Item: Assess capacity at the designated ports and coordinate with port authorities to ensure smooth operations. Optimize logistics to handle potential increases in volume.

Maldives

  • Action Item: Monitor the efficiency of the designated ports and work with the Indian government to address any supply chain bottlenecks. Explore alternative sourcing options if necessary.

Government of India

  • Action Item: Enhance infrastructure and streamline processes at the designated ports. Implement monitoring mechanisms to ensure compliance with the notification.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The issuing authority for the notification, responsible for foreign trade policy and regulations. Foreign Trade (Development & Regulation) Act, 1992: The Act that empowers the Central Government to regulate foreign trade. Foreign Trade Policy (FTP), 2023: The policy framework governing India's foreign trade. Government of India: One of the parties in the bilateral trade agreement with the Government of Maldives. Government of Maldives: One of the parties in the bilateral trade agreement with the Government of India, and the recipient of the essential commodities. Mundra Sea Port: One of the designated customs stations for exporting essential commodities to the Maldives. Tuticorin Sea Port: One of the designated customs stations for exporting essential commodities to the Maldives. Nhava Sheva Sea Port (JNPT): One of the designated customs stations for exporting essential commodities to the Maldives. ICD Tughlakabad: One of the designated customs stations for exporting essential commodities to the Maldives. Notification No. 03/2023: Original notification dated 05.04.2023 which is being amended by this notification.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-15042024-253721 CG-DxLx-xEG-I1D5H0x4x2x0 24-253721 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1630] नई दिल्ली, सोमवार, अप्रलै 15, 2024/चत्रै 26, 1946 No. 1630] NEW DELHI, MONDAY, APRIL 15, 2024/CHAITRA 26, 1946 okf.kT; ,oa m|ksx ea=ky; ¼okf.kT; foHkkx½ ¼fons'k O;kikj egkfuns'kky;½ vf/klwpuk - ubZ fnYyh] 15 vizSy] 2024 la- 06@2023 fo"k;% o"kZ 2024&25 ds nkSjku ekynho x.kjkT; dks fuf"k)@izfrcaf/kr vko’;d oLrqvksa dh vkiqfrZ ij iÙku izfrca/k dks yxk;k tkukA का.आ. 1715 (अ)]& fon's k O;kikj uhfr ¼,QVhih½] 2023 ds iSjk 1-02 vkSj 2-01 ds lkFk ifBr ;Fkk la”kksf/kr fon's k O;kikj ¼fodkl vkSj fofu;eu½ vfèkfu;e] 1992 ¼1992 dh la[;k 22½ dh èkkjk 5 ds lkFk ifBr èkkjk 3 }kjk çnÙk 'kfä;ks a dk ç;ksx djrs gq, dsUnz ljdkj] ,rn~ }kjk Hkkjr ljdkj vkSj ekynho ljdkj ds chp f}i{kh; O;kikj le>kSrs ds rgr ekynho dks vko”;d oLrqvksa dk fu;kZr djus gsrq fnukad 05-04-2024 dh vf/klwpuk la- 03@2023 esa fuEufyf[kr “krksZa dks “kkfey djrh gS%& o’kZ 2024&25 ds nkSjku ekynho x.kjkT; dks fuf’k)@izfrcaf/kr Jsf.k;ks a ds rgr vko”;d oLrqvksa dk fu;kZr dsoy fuEufyf[kr 4 lhek ”kqYd LVs”kuks a ds ek/;e ls vuqer gksxk% i. eqaæk iÙku ii. rrw hdksfju leqnhz iÙku iii. Ugkok “ksok leqnzh iÙku ¼ts,uihVh½ iv. vkblhMh rqxydkckn 2566 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2- bl vf/klwpuk dk izHkko% fon”s k O;kikj egkfuns”kky; vf/klwpuk la[;k 03@2023 fnukad 05-04-2023 ds rgr vf/klwfpr dksVk ds vuqlkj] o’kZ 2024&25 ds nkSjku ekynho x.kjkT; dks fuf"k)@çfrcaf/kr Js.kh ds rgr vko';d oLrqvks a dk fu;kZr djus ds fy, iÙku çfrca/k dks yxk;k tkuk vf/klwfpr fd;k x;k gSA [Qk- la- 01@91@171@59@,,e20@bZlh@¼bZ&20816½] larks"k dqekj lkjaxh] egkfuns'kd fons'k O;kikj vkSj insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 15th April, 2024 No. 06/2023 Subject: Imposition of Port restrictions on supply of Prohibited/Restricted essential commodities to the Republic of Maldives during 2024-25. S.O. 1715(E).— In exercise of the 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 paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2023, the Central Government hereby incorporates following conditions in Notification No. 03/2023 dated 05.04.2024 for exporting of essential commodities to Maldives under bilateral trade agreement between Government of India and Government of Maldives: - Export of essential commodities under Prohibited/restricted category to the Republic of Maldives during 2024-25 shall be permitted only through the following 4 Customs Stations: - i. Mundra Sea Port ii. Tuticorin Sea Port iii. NhavaSheva Sea Port (JNPT) iv. ICDTughlakabad 2. Effect of this notification: Imposition of Port restrictions for exporting ofessential commodities under Prohibited/restricted category to the Republic of Maldives during 2024-25, as per the quota notified under DGFT Notification No. 03/2023 dt.05.04.2023, has been notified. [ F. No. 01/91/171/59/AM20/EC/E-20816] SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research