GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NOTIFICATION NO. 04 (RE-2010)/2009-2014
NEW DELHI, THE 30th AUGUST, 2010
Subject: Prohibition on Export of Wheat – exemption for export to Bangladesh-
regarding
S.O.(E) In exercise of the powers conferred by Section 5 read with Section 3(2)
of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and
also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2009-2014, the
Central Government hereby makes, with immediate effect, the following amendment
to
Notification No. 56 /2004-2009, dated 06.08.2010 read with
Notification No.
40 /2004-2009, dated 12.05.2010 and also read with
Notification No. 33
(RE-2007)/2004-2009 dated 08.10.2007, as amended from time to time.
- With immediate effect, following para shall be added at the end of para 2
below Sl. No. 2.10 of Notification No. 56 /2009-2014 dated 06.08.2010:-
The above quantity of 2 lakh tones of wheat to Bangladesh will be exported by
the PSUs of Department of Commerce viz. M/s. STC and M/s. PEC Ltd. as follows:
| S. No. |
Quantity (MTs) |
Name of PSU through which export to be made |
| 1. |
1,00,000 |
STC |
| 2. |
1,00,000 |
PEC |
| Total |
2,00,000. |
|
- The above export by the PSUs shall be subject to the following conditions:-
- The PSU(s) will engage in these exports by lifting stocks from FCI at
prevalent economic cost to FCI plus the margin for the PSUs.
- The PSUs would lift the quantities of wheat from the Central Pool and
export on CIF basis as requested by the Government of Bangladesh. This would
entail additional costs on account of freight, insurance etc. which will be
borne by the Government of Bangladesh.
- Ministry of External Affairs will advise the Government of Bangladesh
about the PSU designated to export to that country for entering into contracts
only with the designated PSUs. MEA will also inform the PSU about the designated
buying agency in Bangladesh.
- All other provisions of the Notification No.33 (RE-2007)/2004-09 dated
08.10.2007, as amended from time to time, shall remain unchanged, and shall
continue to apply.
- This issues in public interest.
(P.K. Chaudhery)
DIRECTOR GENERAL OF FOREIGN TRADE
AND ADDITIONAL SEC RETARY TO THE GOVT. OF INDIA
(Issued from F.No.01/91/180/773/AM10/Export Cell)