FTP – Export of River Sand to Maldives
GOVERNMENT has added Export Licencing Note 2 in Chapter 25 of ITC(HS) Classification of Export and Import items.
Export of the quantities of River Sand with the annual ceiling of 1,185,455 MTs for the Financial Year 2011-12 (on annual basis) has been permitted for export to the Republic of Maldives under Bi-lateral Trade Agreement between Government of India and Government of the Republic of Maldives.
For export of the above quantity of River Sand, CAPEXIL shall ensure that the suppliers/extractors have obtained appropriate clearances and mining of the sand is not undertaken in the Coastal Regulation Zone Area, which is prohibited under the Coastal Regulation Zone notification.
Further export of River Sand will be allowed subject to the exporter obtaining necessary environmental clearances/No Objection Certificate from the designated nodal authority of respective State Governments from where the River Sand is obtained.
Notification No. , Dated: June 07, 2011