Executive Summary:
This notification issued by the Directorate General of Foreign Trade amends the export policy of Hydroxychloroquine with immediate effect. It prohibits the export of Hydroxychloroquine and its formulations, with exceptions under specific conditions. The notification was issued on March 25, 2020, and references the Foreign Trade Development and Regulation Act of 1992 and the Foreign Trade Policy of 2015-2020.
Key Points / Main Content:
* **Export Prohibition:**
* The export of Hydroxychloroquine and formulations made from it is prohibited, regardless of ITCHS code.
* This prohibition is effective immediately.
* **Exceptions to Prohibition:**
* Exports are permitted from SEZ/EOU units and to fulfill export obligations under advance licenses issued on or before March 25, 2020.
* Exports are allowed for shipments with Irrevocable Letters of Credit (ICLC) issued before March 25, 2020, or where full advance payment was received before this date, subject to documentary evidence.
* Exports may be permitted by the Government of India to other countries on humanitarian grounds, on a case-by-case basis, with the recommendation of the Ministry of External Affairs.
Impact Analysis:
Stakeholders Impacted:
* Exporters of Hydroxychloroquine:
* Impact: Existing exports are largely prohibited, affecting their business operations and potential revenue.
* Action Required: Evaluate existing orders and licenses to determine if they qualify for any of the exceptions. Gather necessary documentation to prove eligibility for exceptions (e.g., ICLC, advance payment receipts, advance licenses).
* SEZ/EOU Units:
* Impact: Can continue to export Hydroxychloroquine.
* Action Required: Ensure exports are conducted according to the existing regulations for SEZ/EOU units.
* Recipients of Advance Licenses:
* Impact: Can continue to export Hydroxychloroquine to fulfill export obligations if the license was issued on or before March 25, 2020.
* Action Required: Verify the date of issuance of advance licenses and comply with its terms.
* Countries Receiving Humanitarian Aid:
* Impact: May receive Hydroxychloroquine from the Government of India on a case-by-case basis.
* Action Required: Await communication from the Indian government regarding potential humanitarian aid.
* Ministry of External Affairs:
* Impact: Responsible for recommending countries for humanitarian aid.
* Action Required: Evaluate requests and make recommendations to the government.
Key Entities Referenced
Directorate General of Foreign Trade: The issuing authority for the notification, under the Ministry of Commerce and Industry.
Foreign Trade Policy, 2015-2020: A policy document referenced in the notification as the basis for the amendments.
Foreign Trade Development Regulation Act, 1992: The legal basis for the powers exercised in the notification.
Hydroxychloroquine: The specific item whose export policy is being amended by this notification.
ITC HS Codes: Nomenclature used to classify traded products. The notification refers to specific codes related to Hydroxychloroquine.
Ministry of External Affairs: The ministry whose recommendation is required for allowing exports of Hydroxychloroquine on humanitarian grounds.
New Delhi: Location where the notification was issued.
Amit Yadav: Director General of Foreign Trade, signatory of the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
NOTIFICATION
New Delhi, the 25th March, 2020
No. 54 /2015-2020
Subject: - Amendment in Export Policy of Hydroxychloroquine.
S.O. 1208(E).— In exercise of powers conferred by Section 3 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 makes the
following amendments in the Schedule 2 of the ITCHS Export Policy related to export of
Hydroxychloroquine and its formulations, with immediate effect:[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
Sl. No. ITC HS Codes Description Present Revised Policy
Policy
207 E ex29334900 Hydroxychloroquine Free Prohibited
ex29333990
ex29339900
207 F ex30049059 Formulations made from Free
ex30049099 Hydroxychloroquine Prohibited
2. The export of Hydroxychloroquine and formulations made from it , however, shall be
allowed under following conditions:
A. Export will be allowed from the SEZ/EOU Units and in cases where export is made to
fulfill export obligation under any Advance license issued on or before the date of this
notification.
B. Export will be allowed in case of shipments where Irrevocable Letter of Credit
(ICLC) has been issued before the date of this notification or in case where full
advance payment has been received by the exporter in India against specific shipment,
subject to submission of documentary evidence.
C. Exports will also be allowed by the Government of India to other countries on
humanitarian grounds on case to case basis on the recommendation of Ministry of
External Affairs.
3. Effect of this Notification:
The export of Hydroxychloroquine and formulations made from
Hydroxychloroquine falling under any ITCHS Code, including the ITCHS Codes
mentioned above, is prohibited, with immediate effect. Export shall, however, be only
allowed in the conditions mentioned in the Para 2 above.
[F. No. 01/91/180/21/AM20/EC]
AMIT YADAV, 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.