Export of Non-Basmati Rice, Wheat and Onions - Board Wants Strict Monitoring
DGFT has issued three notifications on 9.9.2011, which modify the Export policy in respect of Non-Basmati Rice, Wheat and Onion with immediate effect.
Notification No. dated 9.9.2011 makes "Free" the export of Non-Basmati Rice subject to it being made by private parties from privately held stocks and only through Customs EDI ports.
Notification No. dated 9.9.2011 makes "Free" the export of Wheat subject to such export taking place only through Customs EDI Port.
Notification No. dated 9.9.2011 "Prohibits" the export of Onions of all varieties including those in "cut, sliced or broken in powder form". This prohibition is subject to the transitional arrangement under para 1.5 of the Foreign Trade Policy (FTP). As per this arrangement, shipment of export will be allowed "if made within the original validated with respect of available balance and time period of an irrevocable commercial letter of credit, established before the date of imposition of such restriction".
CBEC wants the prohibition on export of Onion shall be enforced strictly without any deviation. Board also desires that the export of Non-Basmati Rice and Wheat shall be monitored on fortnightly basis. DG, Systems has been asked to submit regular reports.
Circular No. , Dated: September 14, 2011