Introduction: The Ministry of Commerce and Industry, Government of India, has issued a significant amendment, Notification No. 52/2023, impacting the export policy conditions for Basmati and Non-Basmati rice under Schedule-2, ITC(IIS) Export Policy, 2018.
Detailed Analysis:
1. Policy Amendment Overview:
- The amendment exercises powers conferred by the Foreign Trade (Development & Regulation) Act, 1992.
- Changes are made to the existing entries of Chapter 10, specifically Sl. No. 55 & 57.
2. Policy Conditions for Non-Basmati Rice (Sl. No. 55):
- Export conditions to EU Member States and certain European countries modified.
- Certificate of Inspection by Export Inspection Council/Export Inspection Agency no longer mandatory for export to remaining European countries for six months.
3. Policy Conditions for Basmati Rice (Sl. No. 57):
- Similar changes apply to Basmati Rice, affecting export to EU Member States and specific European countries.
- Certificate of Inspection exemption extended to remaining European countries for six months.
4. Notification Impact:
- Export of Rice (Basmati and Non-Basmati) to EU member states and specific European countries now requires a Certificate of Inspection from EIA/EIC.
- Export to other European countries does not require a Certificate of Inspection for a period of six months from the date of the notification.
Conclusion: The amendment to the ITC(IIS) Export Policy, 2018 brings crucial changes to the export conditions for Basmati and Non-Basmati rice. Exporters must be aware of the updated policy conditions, particularly the modified Certificate of Inspection requirements, which vary for different European countries. The temporary exemption for certain nations emphasizes the dynamic nature of trade policies, requiring businesses to stay informed for successful international trade operations.
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Government of India
Ministry of commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhavan, New Delhi
Notification No.52/2023-DGFT | Dated : 12th December, 2023
Subject: Amendment in Policy condition of Sl. No. 55 & 57, Chapter 10 Schedule-2, ITC(IIS) Export Policy, 2018 —reg.
S.O.5317(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, 2023, the Central Government hereby makes the following amendment to the Notification No. 09/2023 dated 29.05.2023, with immediate effect policy condition at SI. No. 55 and 57, Schedule-2 of ITC (HS) Export Policy, 2018 for export of rice (Basmati and Non-Basmati).
2. The following policy conditions shall be amended/added to the existing entries of Chapter 10 at SI. No. 55 and 57:-
|
SI. No. |
Tariff item IIS code | Item Description | Present Policy Condition | Revised Policy Condition |
| 55 | 1006 2000 1006 30 1006 3010 1006 3090 1006 40 00 | Non-Basmati Rice |
|
|
| 57 | 1006 3020 | Basmati Rice (Dehusked (Brown),semimilled, milled both in either par-boiled or raw condition. |
|
|
3. Effect of the Notification:
Existing Notification No. 09/2023 dated 29.05.2023 is amended to the extent that export of Rice (Basmati and Non-Basmati) to EU member states and other European Countries namely United Kingdom, Iceland, Liechtenstein, Norway and Switzerland only will require Certificate of Inspection from EIA/EIC. Export to remaining European countries will not require Certificate of Inspection by Export Inspection Council / Export Inspection Agency for export from the date of this notification for a period of six months.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex officio Addl. Secy, Govt. of India
dgft@ri ic. in
(Issued from F. No. 01/91/171/35/AM20/EC/E-18655)
