Home India Ministry of Commerce and Industry In exercise of powers conferred by Section 3 read with Secti...
Date: 2021-05-31 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

## Policy Analysis Report: Amendment Regarding Export of Red Sanders Wood **1. Executive Summary:** This report analyzes an amendment to existing foreign trade policy, specifically concerning the export of Red Sanders wood. The core purpose of the amendment is to extend the deadline for the Directorate of Revenue Intelligence (DRI) to finalize procedures and complete the export of allocated quantities of Red Sanders wood. The key finding is that the DRI now has until December 31, 2021, to complete this process. The amendment does not alter any other provisions of the original notification. **2. Introduction:** This report aims to provide an informative overview of an amendment to India's foreign trade policy concerning the export of Red Sanders wood. The analysis is based solely on the provided policy text and aims to clarify the amendment's purpose, provisions, and implications. **3. Policy Overview:** * **Amendment to:** Notification No. 47 RE201320092014 dated 24.10.2013, read with several other notifications (No.6/2015-2020 dated 06.05.2015, No. 24/2015-2020 dated 29.08.2016, No. 25/2015-2020 dated 02.09.2016, No. 08/2015-2020 dated 23.05.2017, No. 40/2015-2020 dated 27.11.2017, No. 48/2015-2020 dated 03.01.2019, No. 12/2015-2020 dated 29.07.2019 and Notification No. 56/2015-2020 dated 30.03.2020) * **Core Objective(s):** Based on the text, the central objective is to allow more time for the DRI to complete the export process of Red Sanders wood. This implies an earlier deadline existed, and the DRI required an extension. **4. Background and Rationale:** The amendment likely addresses delays or unforeseen challenges encountered by the Directorate of Revenue Intelligence (DRI) in finalizing the procedures and completing the export of allocated quantities of Red Sanders wood within the initially stipulated timeframe. The need for an extension suggests potential logistical, procedural, or administrative hurdles hindering the original schedule. **5. Key Provisions / Changes:** This policy represents an amendment. The specific change introduced is: * **Original Policy Part Changed (Implied):** While the original deadline is not explicitly stated in the text, it can be inferred that a prior deadline existed for the DRI to complete the export process. * **New Rule/Provision:** The amendment allows the Directorate of Revenue Intelligence (DRI) until December 31, 2021, to complete the process of exporting allocated quantities of Red Sanders wood. * **Difference/Effect of Change:** The change provides the DRI with additional time to finalize modalities, allocate quantities to authorized entities, and execute the export of Red Sanders wood. Effectively, it prevents potential non-compliance with the original deadline, providing more leeway to complete the export according to the prescribed procedures. **6. Target Audience and Stakeholders:** The primary stakeholder directly affected by this amendment is the **Directorate of Revenue Intelligence (DRI)**, as it grants them an extension to complete the export process. Authorized entities of the DRI, who receive allocations for export, are also directly affected. This would likely include exporters and relevant organizations. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The **Directorate of Revenue Intelligence (DRI)** is the primary responsible agency for implementing the extended timeline. * **Timelines:** The amendment specifies a deadline of **December 31, 2021**, for the DRI to complete the export process. * This amendment impacts only the timeline. Other procedures as stated in the previous notifications remain unchanged and must be followed by the DRI. **8. Expected Outcomes / Impact of Changes:** The intended outcome of this amendment is to ensure the complete and compliant export of allocated quantities of Red Sanders wood by the DRI. The extension aims to prevent potential disruptions or failures to meet the original deadline, potentially leading to a smoother export process. This change helps maintain the integrity of the existing foreign trade policy regarding this specific commodity. **9. Conclusion:** This amendment provides a critical extension to the Directorate of Revenue Intelligence (DRI) for completing the export of Red Sanders wood, pushing the deadline to December 31, 2021. This extension addresses likely challenges faced by the DRI in meeting the original timeline and aims to ensure the successful and compliant execution of the export process. The amendment underscores the government's commitment to facilitate trade while maintaining regulatory oversight, specifically regarding the export of Red Sanders wood.

Key Entities Referenced

Foreign Trade Development Regulation Act, 1992: An act that confers powers to the Central Government related to foreign trade. Foreign Trade Policy 2015-2020: A policy related to foreign trade, specifically mentioned in relation to paragraphs 1.02 and 2.01. Notification No. 47 RE2013-2009-2014 dated 24.10.2013: A notification that is being amended by this document. Notification No.6/2015-2020 dated 06.05.2015: A notification related to foreign trade, associated with the amendment. Notification No. 24/2015-2020 dated 29.08.2016: A notification related to foreign trade, associated with the amendment. Notification No. 25/2015-2020 dated 02.09.2016: A notification related to foreign trade, associated with the amendment. Notification No. 08/2015-2020 dated 23.05.2017: A notification related to foreign trade, associated with the amendment. Notification No.40/2015-2020 dated 27.11.2017: A notification related to foreign trade, associated with the amendment. Notification No. 48/2015-2020 dated 03.01.2019: A notification related to foreign trade, associated with the amendment. Notification No.12/2015-2020 dated 29.07.2019: A notification related to foreign trade, associated with the amendment. Notification No. 56/2015-2020 dated 30.03.2020: A notification related to foreign trade, associated with the amendment. Directorate of Revenue Intelligence: An entity responsible for finalizing the modalities for export of Red Sanders wood. Red Sanders wood: A specific type of wood that is the subject of the export process discussed in the document. Amit Yadav: Director General of Foreign Trade & Ex-officio Addl. Secy. Ministry of Commerce and Industry: The ministry under which the Directorate General of Foreign Trade operates.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एxलx.x-GअID.-E3xx1x0 52021-227262 CG-DL-E-31052021-227262 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1925] नई दिल्ली, सोमवार, मई 31, 2021/ज्य ष्े ठ 10, 1943 No. 1925] NEW DELHI, MONDAY, MAY 31, 2021/JYAISHTHA 10, 1943 ubZ fnYyh] 31 ebZ] 2021 —fons”k O;kikj ¼fodkl ,oa fofu;eu½ vf/kfu;e 1992 dh /kkjk 5 ds lkFk ifBr /kkjk 3 ds rgr iznÙk “kfDr;ksa dk iz;ksx djrs gq, vkSj fon”s k O;kikj uhfr ¼2015&2020½ ds iSjk 1-02 vkSj 2-01 ds vuqlkj] dsUnz ljdkj ,rn~}kjk vf/klpw uk la- 6@2015&2020 fnukad 06-05-2015] vf/klwpuk la- 24@2015&2020 fnukad 29-08-2016] vf/klpw uk la- 25@2015&2020 fnukad 02-09-2016] vf/klwpuk la- 08@2015&20 fnukad 23-05-2017] vf/klwpuk la- 40@2015&20 fnukad 27-11-2017] vf/klwpuk la- 48@2015&20 fnukad 03-01-2019 vf/klwpuk la- 12@2015&20 fnukad 29-07-2019 vkSj vf/klwpuk la- 56@2015&2020 fnukad 30-03-2020 ds lkFk ifBr vf/klpw uk la- 47 ¼vkj bZ&2013½@2009&2014 fnukad 24-10-2013 esa la”kks/ku djrh gS% jktLo vklwpuk funs”kky; ¼MhvkjvkbZ½ lSaMlZ oqM ds fu;kZr ds fy, viuh izkf/k—r bdkbZ;kas dks ek=kvksa ds vkacVu lfgr rkSj&rjhdkas dks vafre :Ik iznku djsxk vkSj fu;kZr dh lai.w kZ izfØ;k dks vf/kdre rd iwjk djsaxhA vf/klpw uk l-a 6@2015&2020 fnukad 06-05-2015] vf/klpw uk l-a 24@2015&2020 fnukad 29-08-2016] vf/klpw uk la- 25@2015&2020 fnukad 02-09-2016] vf/klwpuk la- 08@2015&20 fnukad 23-05-2017] vf/klwpuk la- 40@2015&20 fnukad 27-11-2017] vf/klpw uk la- 48@2015&20 fnukad 03-01-2019 vf/klpw uk la- 12@2015&20 fnukad 29-07-2019 vkSj vf/klpw uk l-a 56@2015&2020 fnukad 30-03-2020 ds lkFk ifBr vf/klpw uk la- 47 ¼vkj bZ&2013½@2009&2014 fnukad 24-10-2013 ds vU; izko/kku vifjofrZr jgsaxsA 2886 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] jktLo vklpw uk funs”kky; dks jsM lSaMlZ oqM dh vkacfVr ek=kvksa ds fu;kZr dh izfØ;k dks iwjk djus ds fy, rd d s le; dh vuqefr iznku dh xbZ gSA [Qk- la- 01@91@180@1380@,,e&12@fu;kZr izdks’B@20805] vfer ;kno] egkfun's kd] fons'k O;kikj ,o a insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 31st May, 2021 No. 06/2015-2020 Subject : Export of Red Sanders wood by Directorate of Revenue Intelligence - Extension of time regarding. S.O. 2070(E).—In exercise of powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and in terms of Para 1.02 and 2.01 of the Foreign Trade Policy (2015-2020), the Central Government hereby makes amendments in Notification No. 47 (RE-2013)/2009-2014 dated 24.10.2013 read with Notification No.6/2015-2020 dated 06.05.2015, Notification No. 24/2015-2020 dated 29.08.2016, Notification No. 25/2015-2020 dated 02.09.2016, Notification No. 08/2015-2020 dated 23.05.2017, Notification No.40/2015-2020 dated 27.11.2017, Notification No. 48/2015-2020 dated 03.01.2019, Notification No.12/2015-2020 dated 29.07.2019 and Notification No. 56/2015-2020 dated 30.03.2020: 2. Directorate of Revenue Intelligence (DRI) shall finalize the modalities, including allocation of quantities to their authorized entities for export of the Red Sanders wood and shall complete the whole process of export latest by 31st December, 2021. 3. Other provisions of Notification No.47 (RE-2013)/2009-2014 dated 24.10.2013 read with Notification No.6/2015-2020 dated 06.05.2015, Notification No.24/2015-2020 dated 29.08.2016, Notification No. 25/2015-2020 dated 02.09.2016, Notification No.08/2015-2020 dated 23.05.2017, Notification No.40/2015-2020 dated 27.11.2017, Notification No.48/2015-2020 dated 03.01.2019, Notification No.12/2015-2020 dated 29.07.2019 and Notification No.56/2015-2020 dated 30.03.2020 shall remain unchanged. 4. Effect of this notification: Directorate of Revenue Intelligence has been allowed time upto 31.12.2021 to complete the process of export of allocated quantities of Red Sanders wood. [F. No. 01/91/180/1380/AM-12/EC/20805] 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.

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