Exemption of Bhutan from the application of export bans by India on export of certain products
IN terms of Notification No. 87(RE-2010)/2009-14 dated 05.12.2011, export of following items to Bhutan was exempted from any export ban with the annual limits indicated against each:
(i) Milk powder: 1,600 Metric Tonnes
(ii) Wheat: 24,000 Metric Tonnes
(iii) Edible oil: 2,400 Metric Tonnes
(iv) Pulses: 1,200 Metric Tonnes
(v) Non-basmati rice: 21,200 Metric Tonnes
But, the notification did not elaborate whether the "annual limit" will be counted Financial Year wise (and if so whether it will be Financial Year of India or of Bhutan) or Calendar Year wise.
To bring clarity on this issue, DGFT notifies that "annual" will refer to Calendar Year. Thus the limit would be for the period 1st January to 31st December of every year.
DGFT Notification No. 104 (RE-2010)/2009-14, Dated: March 5, 2012