Directorate General of Foreign Trade (DGFT) has issued Notification No. 23/2024-25, dated August 16, 2024, amending the export policy for De-Oiled Rice Bran. Under this notification, and in accordance with the Foreign Trade (Development & Regulation) Act, 1992, the export of De-Oiled Rice Bran is prohibited until January 31, 2025. This amendment revises the earlier notification (No. 76/2023) by extending the export ban, which initially applied until July 31, 2024. The updated policy affects various ITC(HS) codes related to De-Oiled Rice Bran, including those for bran, oil-cake, and oil-cake meal. This measure is part of the central government’s regulatory actions to manage trade under Chapter 23 of Schedule-II of the Foreign Trade Policy.
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 23/2024-25 – DGFT | Dated: Dated: 16th August, 2024
Subject: Amendment in Export Policy of Dc-Oiled Rice Bran -reg
S.O. (E). — In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992, read with Para 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby, in amendment of the earlier Notification No. 76/2023 dt. 15th March 2024, makes the following changes in Export Policy conditions under Chapter 23 of Schedule-II (Export Policy):
ITC(HS) code & Description | Export Policy | Revised Policy Condition |
2302 – BRAN, SHARPS AND OTHER RESIDUES, WHETHER OR NOT IN THE FORM OF PELLETS, DERIVED FROM THE SIFTING, MILLING OR OTHER WORKING OF CEREALS OR OF LEGUMINOUS PLANTS | ||
23024000-Of other cereals | Free | export of De-Oiled Rice Bran prohibited till 31st January, 2025. |
2306-Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading 2304 or 2305 | Free | However, export of De-Oiled Rice Bran under ITC HS code 2306 and under any other HS code is prohibited till 31st July, 2024. |
23069019-Oil-cake and oil-cake meal, expeller variety:—- Of other seeds | Free | export of De-Oiled Rice Bran prohibited till 31st January, 2025. |
23069029-Oil-cake and oil-cake meal, solvent extracted (defatted) variety:—- Of other seeds | Free | export of De-Oiled Rice Bran prohibited till 31st January, 2025. |
23069090 -Other —- Other | Free | export of De-Oiled Rice Bran prohibited till 31st January, 2025. |
Effect of the Notification: Export of De-Oiled Rice Bran is ‘Prohibited’ up to 31st January 2025.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: [email protected]
(Issued from F. No. 01/91/191/030/AM21/EC/E-36363)