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Untitled 1
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Dated 14th May, 2022
Trade Notice No-06/2022-23
To
1. All Regional Authorities of DGFT
2. All Customs Commissionerates
3. Members of Trade
Subject: Implementation of
Notification No.06/2015-2020 dated 13 th May,
2022.
amending the export policy of Wheat under S.No.59 of Chapter 10 of Schedule — 2
of the ITC (HS) Export Policy from 'Free' to 'Prohibited' with immediate effect.
It has further been notified that the export of wheat shall be allowed under the
following conditions:
A. As a transitional arrangement, export will be allowed in case of shipments
where Irrevocable Letter of Credit (ICLC) has been issued on or before the date
of this Notification, subject to submission of documentary evidence as
prescribed; or
B. Export will also be allowed on the basis of permission granted by the
Government of India to other countries to meet their foo security needs and
based on the request of their governments.
2. Transitional Arrangement as defined vide Para 1.05 (b), inter-alia,
prescribes as under:
the import/export on or afte the date of such regulation/restriction will be
allowed for importer/exporter has a commitment through Irrevocable Commercial
Letter of Credit (ICLC) before the date of imposition of such restriction/
regulation and shall be limited to the balance quantity, value and period
available in the ICLC. For operational listing such ICLC, the applicant shall
have to register the ICLC with jurisdictional RA against computerized receipt
within 15 days of imposition of any such restriction/regulation.... " <="" p="">3. Accordingly, export (as per Para 2.17 and 9.12 of the Handbook of
Procedure, 20152020) of wheat for which Irrevocable Commercial Letter of Credit
(ICLC) have been opened on or before 1 3 th May, 2022 and subsequently
registered with the jurisdictional Regional Authorities of DGFT, as per
provisions under Para 1.05 (b) of Foreign Trade Policy, 2015-2020, are
permitted. Notification No.06/2015-2020 dated 13 th May,
2022.
amending the export policy of Wheat under S.No.59 of Chapter 10 of Schedule — 2
of the ITC (HS) Export Policy from 'Free' to 'Prohibited' with immediate effect.
It has further been notified that the export of wheat shall be allowed under the
following conditions:
A. As a transitional arrangement, export will be allowed in case of shipments
where Irrevocable Letter of Credit (ICLC) has been issued on or before the date
of this Notification, subject to submission of documentary evidence as
prescribed; or
B. Export will also be allowed on the basis of permission granted by the
Government of India to other countries to meet their foo security needs and
based on the request of their governments.
2. Transitional Arrangement as defined vide Para 1.05 (b), inter-alia,
prescribes as under:
the import/export on or afte the date of such regulation/restriction will be
allowed for importer/exporter has a commitment through Irrevocable Commercial
Letter of Credit (ICLC) before the date of imposition of such restriction/
regulation and shall be limited to the balance quantity, value and period
available in the ICLC. For operational listing such ICLC, the applicant shall
have to register the ICLC with jurisdictional RA against computerized receipt
within 15 days of imposition of any such restriction/regulation.... " <="" p="">
4. All RAs under DGFT are hereby directe to issue Registration of Contracts
(RCs) to the exporters of wheat, preferably within a prescribed time limit of 24
hours, on submission of application, complete in all respect, by the exporters.
5. However, export of wheat on Humanitarian ground, as
Aid/Assistance/Government to Government shall be allowed, on case to case basis,
with the specific approval of competent authority.
This issues with the approval of competent authority.
(S. K. Mohapatra)
Deputy Director General of Foreign Trade
E-mail: mailto:[email protected]">[email protected]
(Issued from F.N0. 01/91/180 032/AM22/EC/Pt,/E-31336)
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