Introduction: The Directorate General of Foreign Trade (DGFT) has issued Notification No. 48/2023, dated December 7, 2023, allowing the export of Non-Basmati White Rice under HS Code 10063090. This export is specifically permitted to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya through the National Cooperative Exports Limited (NCEL).
Detailed Analysis: The notification, exercised under the powers conferred by the Foreign Trade (Development & Regulation) Act, 1992, and the Foreign Trade Policy, 2023, outlines the quantities permitted for export to each country:
1. Comoros: 20,000 MT
2. Madagascar: 50,000 MT
3. Equatorial Guinea: 10,000 MT
4. Egypt: 60,000 MT
5. Kenya: 1,00,000 MT
This initiative aims to streamline and regulate the export of Non-Basmati White Rice, fostering trade relationships with these nations. The use of NCEL as the designated export entity ensures a systematic and organized process for this trade.
Conclusion: In conclusion, DGFT’s Notification 48/2023 serves as a pivotal step in facilitating the export of Non-Basmati White Rice to key nations. Stakeholders and businesses involved in rice exports are encouraged to leverage this opportunity. The quantities specified for each country indicate a strategic approach, aligning with the broader trade policies of the government. For further details and clarifications, stakeholders can reach out to DGFT via the provided contact information.
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Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 48/2023-DGFT | Dated: 7th December, 2023
Subject: Export of Non-basmati White Rice (under HS Code 10063090) to Comoros, Madagascar, Equatorial Guinea, Egypt and Kenya through National Cooperative Exports Limited (NCEL).
S.O. 5183(E).—I 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 and in accordance with the provision contained in Para 2 (iv) of Notification No. 20/2023 dated 20.07.2023, export of following quantity of Non-basmati White Rice (under HS Code 10063090) to Comoros, Madagascar, Equatorial Guinea, Egypt and Kenya is permitted through National Cooperative Exports Limited (NCEL) : –
S. No. | Country Name | Quantity |
1 | Comoros | 20,000 MT |
2 | Madagascar | 50,000 MT |
3 | Equatorial Guinea | 10,000 MT |
4 | Egypt | 60,000 MT |
5 | Kenya | 1,00,000 MT |
Effect of the Notification:
Export of Non-Basmati White Rice (under ITC-HS Code 10063090) to Comoros, Madagascar, Equatorial Guinea, Egypt and Kenya through National Cooperative Exports Limited (NCEL) is notified.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-Officio Additional Secretary, Government of India
E-mail: [email protected]
(Issued from F. No. 01/91/191/049/AM-24/EC /E-37225)