Untitled 1
(To be Published in the Gazette of India Extraordinary
Part-Il, Section - 3, Sub-Section
Government of India
Nlinistry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi
Notification No. 06 /2015-2020
New Delhi, Dated: 13 May, 2022
Subject: Amendment in the Export Policy of Wheat.
S.O. (E) Whereas, there is a sudden spike in the global prices of wheat
arising out of many factors, as a result of which the food security of India,
neighbouring 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 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 makes the following amendment in the Export Policy of S.No.59 of
Chapter 10 of Schedule 2 of the ITC (HS) Export Policy related to Export of
Wheat:
S.No. |
ITC IIS Codes |
Description |
Present Policy |
Revised Policy
|
59
|
1001
100119 00
100199
10019910
I CO 19920 |
Durum Wheat:
Other
Other
Other
Other
|
Free |
Prohibited |
2. The export of the above products/ items, however, 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 cther countries to meet their food security needs and
based on the request of their governments.
3. Effect of this Notification:
The export policy cf wheat against the above mentioned HS codes is "Prohibited"
with immediate effect except for shipments fulfilling the conditions mentioned
in Para 2 above which will be alloyyed as per the procedure outlined in Para
1.05 (b) of the Foreign Trade Policy, 2015-2020.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of
India
E-mail: [email protected]
(Issued from File No. 01/91/180/032/AM22/EC/Pt,/E-31336 )
|