The Ministry of Commerce & Industry, Department of Commerce, has issued Notification No. 13/2023-DGFT on 22nd June 2023. This notification, released by the Directorate General of Foreign Trade (DGFT), pertains to the amendment in the export policy of items classified under HS Code 2610, with a specific focus on Chrome Ore.
Analysis: Under the exercised powers conferred by the Foreign Trade (Development & Regulation) Act, 1992, the Central Government has amended the export policy for items falling under HS Code 2610 related to Chromium Ores and Concentrates. The notification provides a detailed breakdown of different items, their descriptions, initial export policies, policy conditions, and the revised export policies with corresponding conditions.
The revised export policy places restrictions on certain categories of Chrome Ore, requiring export permits under authorization and limiting export through MMTC Limited. This amendment is effective immediately upon the issuance of the notification, impacting the export of items under HS Code 2610.
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 13/2023-DGFT | Dated: 22nd June, 2023
Subject: Amendment in Export policy of HS Code 2610.
S.O. 2755(E). — In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby amends Export Policy of items under HS Code 2610 related to Chrome Ore, as under:
S.No | HS Code | Item Description | Export Policy | Policy Condition | Revised Export Policy | Revised Policy Con,dition |
2610 | Chromium Ores and Concentrates | |||||
108A | 26100010 | Chrome ore lumps, containing 47% Cr203 and above | Free | – | Restricted | Export
permitted under Authorisation. |
108B | 26100020 | Chrome ore lumps containing 40% or more but less that 47% Cr203 | Free | – | Restricted | |
109 | 26100030 | Chrome ore lumps below 40% Cr203 | STE | Export through MMTC Limited | Restricted | |
110 | 26100040 | Chrome ore friable and concentrates fixes containing 47% Cr203 and above | STE | Export through MMTC Limited | Restricted | |
111 | 26100090 | Other | STE | Export through MMTC Limited | Restricted |
2. Effect of the Notification:
The export items under HS Code 2610 have been placed under restricted category with immediate effect.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: [email protected]
(Issued from F.No.01/91/191/120/AM23/EC/E-35147)