CA Cult

Amendment in Export Policy – Notification No. 30

Amendment in Export Policy of items under HS Code 1101- NOTIFICATION No. 30/2015-2020

S.O. 4029(E).—Whereas there is a sudden spike in the global prices of Wheat or Meslin Flour (Atta), Maida, Samolina (Rava / Sirgi), Wholemeal atta and resultant atta arising out of many factors, as a result of which the food security of India, neighbouring countries and other vulnerable countries is at risk;

Whereas , the Government of India is committed to providing for the food security requirements of India, neighbouring and other vulnerable developing countries which are adversely affected by the sudden changes in the global market for Wheat or Meslin Flour (Atta), Maida, Samolina (Rava / Sirgi), Wholemeal atta and resultant atta and are unable to access adequate wheat supplies;

Therefore, in order to manage the overall food security of the country and to support the needs of the neighbouring and other vulnerable countries, 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, 2015-20, hereby amends export policy of items under S.No.64 of Chapter 11 under HS code 1101 of ITC (HS), Schedule – II, 2018 as under:

  1. The provisions as under Para 1.05 of the Foreign Trade Policy, 2015-2020 regarding transitional arrangement shall not be applicable under this Notification. The export of above items, however, shall be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their Government.
  2. Effect of this Notification:
    Export Policy of items [Wheat or Meslin Flour (Atta), Maida, Samolina (Rava / Sirgi), Wholemeal atta and resultant atta] under HS Code 1101 is amended from ‘Free’ to ‘Prohibited’. The provisions as under Para 1.05 of the Foreign Trade Policy, 2015-2020 regarding transitional arrangement shall not be applicable under this Notification.
    Export of the above items shall, however, be allowed subject to permission of Government of India in certain cases as at Para 2 above.

Notification

Read More on DGFT

Exit mobile version