Home India Ministry of Commerce and Industry In exercise of powers conferred by Section 5 of the Foreign ...
Date: 2019-06-07 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by Section 5 of the Foreign Trade Development And Regulation

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification, issued by the Directorate General of Foreign Trade, amends export policy regarding stone aggregates and river sand to the Republic of Maldives under a bilateral trade agreement. Effective immediately, it introduces Note 1 in Chapter 25 of Schedule 2 of ITCHS, outlining specific conditions and annual ceilings for these exports. CAPEXIL is responsible for monitoring the ceilings and reporting quarterly to the DGFT headquarters. Key Points / Main Content: Export Policy Amendment: * Note 1 added to Chapter 25 of Schedule 2 of ITCHS, concerning exports to the Maldives. Permitted Exports and Conditions: * Export of river sand and stone aggregates to the Maldives is permitted within specified annual ceilings, subject to No Objection from CAPEXIL. * CAPEXIL will monitor the ceilings and provide quarterly reports to the Export Cell in DGFT Headquarters. Annual Export Ceilings for 2019-20 (in MT): * River Sand: 2 Lakh * Stone Aggregates: 8 Lakh Responsibilities of CAPEXIL: * Ensure suppliers/extractors have obtained necessary clearances. * Verify sand mining is not conducted in prohibited Coastal Regulation Zone Areas. Exporter Requirements: * Obtain necessary environmental clearances/No Objection Certificate from the designated nodal authority of respective State Governments where the River Sand is sourced. * Comply with any State legislation/judicial orders related to mining of river sand and stone aggregates. Impact Analysis: Government of India: Impact: Sets policy and monitors trade with the Maldives under the bilateral agreement. Action Required: Enforce the amended export policy and monitor reports from CAPEXIL. Republic of Maldives: Impact: Can import river sand and stone aggregates from India within specified limits. Action Required: Ensure imports comply with the bilateral trade agreement. CAPEXIL: Impact: Responsible for issuing No Objections and monitoring export ceilings. Action Required: Monitor annual ceilings, issue No Objections, and submit quarterly reports to DGFT Headquarters. Exporters of River Sand and Stone Aggregates: Impact: Subject to new regulations and annual ceiling limits for exports to the Maldives. Action Required: Obtain necessary environmental clearances and No Objection Certificates, and comply with State legislation/judicial orders related to mining. Ensure you have the appropriate clearances from CAPEXIL to export.

Key Entities Referenced

Maldives: The recipient country of the exported river sand and stone aggregates under the Bilateral Trade Agreement with the Government of India. River Sand: A commodity being exported to the Republic of Maldives as per the notification. Stone Aggregates: A commodity being exported to the Republic of Maldives as per the notification. Foreign Trade Development and Regulation Act, 1992: The act that empowers the Central Government to make amendments regarding export and import items. Foreign Trade Policy, 2009-2014: The prevailing foreign trade policy referenced in the notification. CAPEXIL: The Council authorized to issue No Objection Certificates and monitor the annual ceiling for export of river sand and stone aggregates to the Maldives and send quarterly report to Export Cell in DGFT Hqrs. Directorate General of Foreign Trade: The governing body, which the CAPEXIL will report to regarding the export of River Sand and Stone Aggregates. Coastal Regulation Zone: A zone where mining of river sand is prohibited according to the notification. Extractor of river sand must have appropriate clearances and sand should not be extracted from this zone.
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S.O. 1932(E).—In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended read with Para 1.3 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes amendments by adding following Note 1 in Chapter 25 of Schedule 2 of ITC(HS) Classification of Export & Import Items with immediate effects. 2. “Note 1 • Export of River Sand and Stone Aggregates to Maldives permitted as per ceiling mentioned below subject to issue of No Objection within the annual ceiling by CAPEXIL who shall monitor the ceiling and send a quarterly report to Export Cell in DGFT (Hqrs.): S. No. Item Annual Ceiling of Quantity for 2019- 20 (in MT) 1 River Sand 2 Lakh 2 Stone Aggregates 8 Lakh • For the export of above quantity of River Sand and Stone Aggregates, CAPEXIL shall ensure that the suppliers/extractors have obtained appropriate clearances and mining of the sand is not undertaken in the Coastal Regulation Zone Area, which is prohibited under the Coastal Regulation Zone notification. • In addition to above, export of River Sand and Stone Aggregates will be allowed subject to the exporter obtaining necessary environmental clearances/No Objection Certificate from the designated nodal authority of respective State Governments from where the River Sand is obtained. This permission will also be subject to any State legislation/judicial orders relating to mining of ‘RPiver Sand’ and ‘Stone Aggregates’¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 3 Effect of this notification: Export of the quantities of River Sand and Stone Aggregates with the annual ceiling indicated in the table in Note 1 above has been permitted for export to the Republic of Maldives under Bi-lateral Trade Agreement between Government of India and Government of the Republic of Maldives. [F.No. 01/91/171/59/AM09/Export Cell] ALOK VARDHAN CHATURVEDI, 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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