NCLAT: Consideration of Debt Restructuring by Lenders Doesn’t Bar Member from Initiating Proceedings  ||  Delhi High Court: In Matters of Medical Evaluation, Courts Should Exercise Restraint  ||  Delhi HC: Any Person in India Has Right to Legally Import Goods from Abroad and Sell the Same  ||  Delhi HC: Waiver to Section 12(5) of Arbitration Act to be Given Once Tribunal is Constituted  ||  Supreme Court Has Asked States to Regularise Existing Court Managers  ||  SC: Union & States to Create Special POSCO Courts on Top Priority  ||  SC Upholds Authority of CERC to Award Compensation for Delays  ||  SC: Arbitral Tribunal Has Discretion to Include in Sum Awarded, Interest at Rate as it Deems Reasonab  ||  SC: Cannot Use Article 142 to Frame Guidelines on Judicial Recusal  ||  SC: Satisfaction Recorder in One EP Won’t Affect Subsequent EPs for Future Breaches    

Amendment in Export Policy of Non-basmati rice under HS Code 10063090- (Ministry of Commerce and Industry) (29 Aug 2023)

MANU/DGFT/0140/2023

Commercial

The Central Government, in exercise of powers conferred by Section 3 read with section 5of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and of the Foreign Trade Policy, 2023, hereby in relaxation of Notification No. 20/2023 dated 20th July, 2023 allows export of non-basmati white rice under any of the following conditions:

i. The Notification No. 20/2023 [S.O. 3249(E)] dated 20th July, 2023, was published in the Gazette of India at 21:57:01 hours on 20.07.2023. Therefore, Para 2 (iii) of Notification No. 20/2023 [S.O. 3249(E)] dated 20th July, 2023 is amended as under:

"where Non-basmati rice consignment has been handed over to the Customs before 21:57:01 hours on 20.07.2023 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 20.07.2023 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 20.07.2023. The period of export shall be upto 30.10.2023."

ii. Export duty is paid before 21:57:01 hours on 20.07.2023.

2. For removal of doubts, wherever the words/phrase "before this Notification" appears in the Notification No. 20/2023 [S.O. 3249(E)] dated 20th July, 2023, the same shall mean "before 21:57:01 hours on 20.07.2023"

Tags : AMENDMENT   EXPORT POLICY   HS CODE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved