Reetu | Aug 31, 2023 |
DGFT amends Export Policy of Non-Basmati Rice
The Directorate General of Foreign Trade (DGFT) has amended the Export Policy of Non-Basmati Rice via issuing Notification.
The Notification Stated, “The Central Government, in exercise of 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 Para 1.02 and 2.01 of the Foreign Trade Policy, 2023, hereby in relaxation of Notification No. 20/2023 dated July 20, 2023 allows export of non-basmati white rice under certain conditions.”
The following conditions are:
i. The Notification No. 20/2023 [S.O. 3249(E)] dated July 20, 2023, was published in the Gazette of India at 21:57:01 hours on July 20, 2023. Therefore, Para 2 (iii) of Notification No.20/2023 [S.O. 3249(E)] dated July 20, 2023 is amended as under:
“where Non-basmati rice consignment has been handed over to the Customs before 21:57:01 hours on July 20, 2023 and is registered in Customs system or where Non-basmati rice consignment has entered the Customs Station for exportation before 21:57:01 hours on July 20, 2023 and is registered in the electronic systems of the concerned Custodian of the Customs Station with verifiable evidence of date and time stamping of these commodities having entered the Customs Station prior to 21:57:01 hours on July 20, 2023. The period of export shall be upto October 30, 2023.
ii. Export duty is paid before 21:57:01 hours on July 20, 2023.
For removal of doubts, wherever the words/phrase “before this Notification” appears in the Notification No. 20/2023 [S.O. 3249(E)] dated July 20, 2023, the same shall mean “before 21:57:01 hours on July 20, 2023”
In relaxation of Notification No. 20/2023 dated July 20, 2023 export of non-basmati white rice is allowed when export duty is paid before 21:57:01 hours on July 20, 2023. Para 2 (iii) of Notification No. 20/2023 dated July 20, 2023 is amended to specify the date and time of effect of the Notification No.20/2023 dated July 20, 2023.
For Official Notification Download PDF Given Below
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