DGFT Amends Export Policy of Red Sanders Wood:

DGFT Amends Export Policy of Red Sanders Wood The Directorate General of Foreign Trade(DGFT) has notified Amendment in Export Policy of Red Sanders wood exclusively sourced from cultivation origin obtained from private land (including Pattaland) and Confiscated source via issuing Notification. The Notification Stated, "In exercise of powers conferred by Section 3 read with section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy. 2023. as amended from time to time, the Central Government hereby amends the policy condition of Red Sanders (Pterocarpus santulinus) under Chapter 44 of ITC (HS), 2018, Schedule - 2 (Export Policy)." Policy condition against SI. No. 188A in Chapter 44 of Schedule 2 of ITC (HS) Classification of Export & Import Items is amended as follows (changes made are in bold letters):

Effect of this Notification:

An annual export quota (April to March) of 900 MT for Tamil Nadu for artificially Propagate d red sanders; and a zero export quota for wild specimens of red sanders, subject to conditions as mentioned above is notified. For Official Notification Download PDF Given Below: