Home India Ministry of Commerce and Industry In exercise of the powers conferred by Section 3 of the Fore...
Date: 2018-08-21 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 3 of the Foreign Trade Development and Regulation Act

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification, effective August 21, 2018, amends the export policy for Beach Sand Minerals (BSM) under Chapter 26 of Schedule 2 of the ITCHS Classification of Export and Import Items 2018. It mandates that export of specified BSMs be conducted through State Trading Enterprise (STE), specifically Indian Rare Earths Limited (IREL). The notification also updates the existing entries in the 'Note' of Chapter 26. Key Points / Main Content: * **Amendment Authority:** The amendment is made by the Central Government, empowered by Section 3 of the Foreign Trade Development and Regulation Act, 1992, and aligned with the Foreign Trade Policy (FTP) 2015-2020. * **Updated Note:** * Export of Rare Earth compounds classified as BSM (Ilmenite, Rutile, Leucoxene, Titanium bearing mineral, Zircon, Garnet, Sillimanite, Monazite Uranium and Thorium) is regulated under Sl. No. 98A of Chapter 26 Schedule 2 of ITCHS Classification. * Other minerals under code 2617 are freely exportable, except those controlled under the Atomic Energy Act, 1962. * **New Entry (Sl. No. 98A):** * Creates a new entry for Beach Sand Minerals (BSM) under HS Codes 2508 5031, 2508 5032, 2508 5039, 2612 1000, 2612 2000, 2614 0010, 2614 0020, 2614 0031, 2614 0039, 2614 0090, 2615 1000, 2513 2030. * Designates the export policy as State Trading Enterprise (STE) through Indian Rare Earths Limited (IREL). * **Export Regulation:** Export of BSM, permitted anywhere in the export policy, is now regulated as per Sl. No. 98A of Chapter 26 of Schedule 2. Impact Analysis: * **Exporters of Beach Sand Minerals:** * Impact: Export of specified Beach Sand Minerals must now be canalized through Indian Rare Earths Limited (IREL). * Action Required: Coordinate export activities with IREL to comply with the new STE regulation. * **Indian Rare Earths Limited (IREL):** * Impact: IREL is designated as the sole entity for exporting specified Beach Sand Minerals. * Action Required: Establish mechanisms and procedures to handle the export of Beach Sand Minerals under the STE framework. * **Directorate General of Foreign Trade (DGFT):** * Impact: Responsible for implementing and monitoring the revised export policy for Beach Sand Minerals. * Action Required: Ensure the updated policy is enforced and provide guidance to stakeholders on compliance.

Key Entities Referenced

Foreign Trade Development and Regulation Act, 1992: An act of the Indian Parliament that empowers the Central Government to regulate foreign trade. Foreign Trade Policy FTP, 2015-2020: The foreign trade policy of India for the period 2015-2020, which is amended from time to time. ITC HS Classification of Export and Import Items 2018: Indian Trade Clarification based on Harmonized System of Coding. It classifies export and import items. Beach Sand Minerals BSM: A category of minerals found in beach sand, including Ilmenite, Rutile, Leucoxene, Zircon, Garnet, Sillimanite, and Monazite, Uranium and Thorium. Indian Rare Earths Limited IREL: A government-owned corporation involved in the processing of beach sand minerals. Atomic Energy Act, 1962: An act of the Indian Parliament that regulates substances and materials related to atomic energy. New Delhi: The location of the Directorate General of Foreign Trade (DGFT) where the notification was issued. Ministry of Commerce and Industry: The ministry responsible for foreign trade in India.
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L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 3248] ubZ fnYyh] eaxyokj] vxLr 21] 2018@Jko.k 30] 1940 No. 3248] NEW DELHI, TUESDAY, AUGUST 21, 2018/SHRAVANA 30, 1940 okf.kT; ,oa m|ksx ea=ky; ¼okf.kT; foHkkx½ ¼fons'k O;kikj egkfuns'kky;½ vf/klwpuk ubZ fnYyh] 21 vxLr] 2018 la- 26@2015&2020 fo"k;% fu;kZr vkSj vk;kr enksa ds vkbZVhlh ¼,p,l½ oxhZdj.k 2018 dh vuqlwph 2 ds v/;k; 26 esa chp lS.M [kfut ¼ch,l,e½ dh fu;kZr uhfr ds laca/k esaA dk-vk- 4053¼v½.—le;≤ ij ;Fkkl'a kkfs/kr fon's k O;kikj uhfr ¼,QVhih½] 2015&2020 d s iSjk 1-02 vkSj 2-01 d s lkFk ifBr fon's k O;kikj ¼fodkl ,o a fofu;eu½ vf/kfu;e] 1992 dh /kkjk 3 }kjk iznÙk 'kfDr;k sa dk iz;kxs djr s gq,] dUs nz ljdkj ,rn~}kjk fu;kZr vkSj vk;kr enk ass d s vkbZVhlh ¼,p,l½ oxhZdj.k dh vuqlpw h 2 d s v/;k;&26 es a ^chp lSUM [kfut^ dh fu;kZr uhfr e s rRdky iHz kko l s l'a kk/s ku djr s gASa 2- fu;kZr vkSj vk;kr enkas ds vkbZVhlh ¼,p,l½ oxhZdj.k 2018 dh vuqlwph 2 ds v/;k; 26 dh ^fVIIk.kh^ esa ekStwnk izfof"V dks fuEukuqlkj cnyk tkrk gS% ^^fVIIk.kh% 1- chp lSUM [kfut ¼ch,l,e½ d s :i e sa oxh—Z r nqyHZ k vFkZ dEikmUM vFkkZr~ [bYeus kbV] #VkbZy] Y;dw kDs lhu ¼VkbVfsu;e l s ;qDr [kfut½] ftjdkus ] xkusZV] flfyeukbV vkSj ekus k>kbV ¼;wjfsu;e vkSj Fkkfsj;e½] dk fu;kZr vkbZVhlh ¼,p,l½ oxhZdj.k dh vuqlpw h 2 d s v/;k; 26 dh Øå låa 98 d d s vuqlkj fofu;fer gkxs kA 2- dkMs 2617 d s rgr vU; [kfut eqDr #i l s fu;kZr ;kXs ; gS] flok; mud s ftUg sa ijek.kq mtkZ vf/kfu;e] 1962 d s rgr ;Fkk fofufnZ"V inkFkZ d s #i e sa vf/klfwpr vkSj fu;fa=r fd, x, gASa 3- fu;kZr vkSj vk;kr enk ssa d s vkbVZ hlh ¼,p,l½ oxhZdj.k 2018 dh vuqlpw h 2 d s v/;k; 26 e sa Øå låa 98 d ij ubZ izfof"V fuEukuqlkj 'kkfey dh tkrh gS% 4879 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] Øå laå Ikz'kqYd en bdkbZ Ekn fooj.k fu;kZr uhfr Ukhfrxr 'krZ ,p,ldksM chp lSUM [kfut ,lVhbZ bfaM;u j;s j vFkZ 98 d 2508 5031 fd- xzkå ¼ch,l,e½ [bYeus kbV] ¼jkT; O;kikj fyfeVMs ¼vkbvZ kjbZ,y½ #VkbZy] Y;dw kDs lhu m|e½ d s ek/;e l s fu;kZr 2508 5032 ¼VkbVfsu;e l s ;qDr [kfut½] ftjdkus ] xkusZV] 2508 5039 flfyeukbV vkSj ekus k>kbV ¼;wjfsu;e vkSj 2612 1000 Fkkfsj;e½] 2612 2000 2614 0010 2614 0020 2614 0031 2614 0039 2614 0090 2615 1000 2513 2030 4- bl vf/klwpuk dk izHkko% chp lSUM [kfut dk fu;kZr jkT; O;kikj m|e d s rgr fd;k x;k gS vkSj bfaM;u j;s j vFkZ fyfeVMs ¼vkbZvkjbZ,y½ d s ek/;e l s fd;k tk,xkA chp lSUM [kfut tk s fu;kZr uhfr e s dgh a Hkh vuqer gS] dk s vc fu;kZr uhfr dh vuqlpw h 2 d s v/;k; 26 d s Øå låa 98 d d s rgr uhfr d s vuqlkj fofu;fer fd;k tk,xkA [Qk- l-a 01@91@171@22@,,e&19@bZlh] vkykds o/kZUk prqosZnh] egkfun's kd] fon”s k O;kikj inus vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) NOTIFICATION New Delhi, the 21st August, 2018 No. 26/2015-2020 Subject: Export policy of Beach Sand Minerals (BSM) in Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items 2018 - regarding. S.O. 4053(E).—In exercise of the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2015- 2020, as amended from time to time, the Central Government hereby, with immediate effect, makes amendment in export policy of 'Beach Sand Minerals’ in Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items.¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 2. The existing entries in the 'Note’ of Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items 2018 are substituted as under : “NOTE: 1. Export of Rare Earth compounds classified as Beach Sand Minerals (BSM) , namely [Ilmenite, Rutile, Leucoxene(Titanium bearing mineral), Zircon, Garnet, Sillimanite and Monazite (Uranium and Thorium)], shall be regulated in terms of Sl. No. 98A of Chapter 26 Schedule 2 of ITC(HS) Classification. 2. Other minerals under code 2617 are freely exportable, except those which have been notified as prescribed substances and controlled under Atomic Energy Act, 1962”. 3. A new entry at Sl. No. 98A is inserted in Chapter 26 of Schedule 2 of ITC (HS) Classification of Export & Import Items 2018 as follows: S.No. Tariff Item HS Code Unit Item Description Export Policy Policy Condition 98A 2508 5031 Kg Beach Sand Minerals STE (State Export through Indian 2508 5032 [Ilmenite, Rutile, Trading Rare Earths Limited 2508 5039 Leucoxene (Titanium Enterprise) (IREL) 2612 1000 bearing mineral), 2612 2000 Zircon, Garnet, 2614 0010 Sillimanite and 2614 0020 Monazite (Uranium and 2614 0031 Thorium)] 2614 0039 2614 0090 2615 1000 2513 2030 4. Effect of this Notification: Export of Beach Sand Minerals have been brought under STE and shall be canalized through Indian Rare Earths Limited (IREL). Beach sand minerals, permitted anywhere in the export policy, will now be regulated in terms of policy under at Sl. No. 98A of Chapter 26 of Schedule 2 Export Policy. [F. No. 01/91/171/22/AM-19/EC] ALOK VARDHAN CHATURVEDI, Director General of Foreigh 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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