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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade (Development and Regulation) Act, 1992

Amendment in Export Policy of Non-Basmati Rice under HS Code 10063090

29-Aug-2023 | 29 /2023

Directorate General of Foreign Trade (DGFT) has issued a Notification regarding an amendment to the Export Policy of Non-basmati rice under HS Code 1006 30 90, effective from 29th August, 2023. According to the notification, there is a relaxation in the provisions outlined in Notification No. 20/2023 dated 20th July 2023. This relaxation specifically concerns the export of non-basmati white rice. It allows for the export of such rice when the applicable export duty is paid prior to 21:57:01 hours on 20th July 2023. In addition, the notification amends Paragraph 2 (iii) of Notification No. 20/2023 dated 20th July 2023. This amendment provides a clearer specification of the date and time at which the effects of the original Notification No. 20/2023 dated 20th July 2023 come into force. As a result of this amendment, the revised Para 2 (iii) of Notification No. 20/2023 stipulates that the export of non-basmati rice is permissible under the following conditions: 1. Non-basmati rice consignments have been handed over to Customs before 21:57:01 hours on 20th July 2023, and they are registered in the Customs system. 2. Non-basmati rice consignments have entered the Customs Station for exportation before 21:57:01 hours on 20th July 2023, and they are registered in the electronic systems of the relevant Custodian of the Customs Station. Additionally, verifiable evidence of date and time stamping must be present to confirm that these commodities entered the Customs Station prior to the specified time. The period during which this amended provision is valid for export is up to 30th October 2023.

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