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Ministry of Commerce & Industry
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Dated 30th May, 2022
Trade Notice No. 11 /2022 — 23
To
l. All Regional Authorities of DGFT
2. Members of Trade
Subject: Implementation of Notification No.06/2015-2020 dated 13 th May , 2022- , 2022-
Issue ofRCs due to Prohibition on Export of Wheat.
Reference is invited to Notification No.06/2015-2020 dated 13th 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
read with Trade Notification No.06/2015-2020 dated 14 th May , 2022- No.08/2022-2023 dated 17th May, 2022 No.09/2022-2023
dated 23 rd May, 2022 and No.10/2022-2023 dated 24th May, 2022.
2. DGFT (Hq.) vide Circular dated 1 9th May 2022 issued guidelines to all RAs
for strict compliance before issuance of Registration Certificates (RCs) to the
eligible exporters. Inspite of these steps and due diligence exercised by RAs in
the process, it has been apprehended that some of the exporters are applying for
RCs from the RAs based on improper documents and therefore more checks need to
be put in the system.
3. In order to plug the loopholes, it has been decided that RAs will do a
physical verification of all LCS, whether already approved or under process and
for that if necessary, help of a professional agency may be taken. While doing
physical verification, validation / endorsement by Recipient Banks may be
ensured.
4. Further in cases where the L/C date is on or prior to 13.05.2022 but the
swift message / message exchange date between the Indian and Foreign bank is
after 13.05.2022, RAs may conduct full investigation (if required, through
external experts) and if these are found to be ante-dated, immediate proceedings
under FT (D&R) Act, 1992 needs to be initiated against the exporter. Such cases
will be further examined for referring to enforcement agencies like Economic
Offence Wing (EOW) / Central Bureau of Investigation (CBI). In case of
complicity of any Banker in cases where ante-dating is established, necessary
proceedings as per law will be initiated.
5. Henceforth all RC applications found eligible for approval after physical
verification of the LCS by the RAs, would be sent to a 2 member committee of
Addl DGFTs constituted in DGFT (Hqrs) for further checking and approval. After
approval of this committee only, the concerned RA would issue RC to the
exporter.
6. RAs are requested to process all such applications with due diligence and
in compliance with the instructions.
This issues with the approval of competent authority.
(S. K. Mohapatra)
Deputy Director General of Foreign Trade
E-mail: [email protected]
(Issued from F.N0. 01/911180/032/AM22/EC/Pt,/E-31336)
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