Introduction: In a recent update from the Ministry of Commerce & Industry, the Directorate General of Foreign Trade (DGFT) has issued Notification No. 30/2023 on the 30th of August, 2023. The focus of this notification is the permitted export quotas of Non-Basmati White Rice to three specific nations: Bhutan, Mauritius, and Singapore.
Regulatory Foundation of the Notification: The DGFT, deriving its authority from Section 3 and Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 and the Foreign Trade Policy of 2015-20, and in line with the stipulations of Notification No. 20 dated 20.07.2023, has proceeded to clarify the export quantities for Non-Basmati White Rice.
Permitted Export Quotas:
1. To Bhutan:
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- Bhutan has been allocated an export volume of 79,000 MTs of Non-Basmati White Rice, bearing the HS code 1006 30 90.
2. To Mauritius:
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- Mauritius will receive 14,000 MTs of Non-Basmati White Rice under the same HS code.
3. To Singapore:
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- Singapore has a considerable allocation, with 50,000 MTs of Non-Basmati White Rice being earmarked for export.
Execution of the Exports: All the aforementioned exports are to be conducted through the National Cooperative Exports Limited (NCEL), an entity that will presumably oversee the fairness and adherence to the quota allocations.
Notification’s Impact: The primary effect of this announcement is the official communication of the permitted export volumes of Non-Basmati White Rice to the three designated countries. It reinforces the regulatory measures that the DGFT intends to implement, ensuring a structured flow of this staple commodity to these nations.
Conclusion: The export quotas set by the DGFT for Non-Basmati White Rice exports to Bhutan, Mauritius, and Singapore underline the strategic and regulated approach taken by the Indian government in its foreign trade endeavors. Such clear demarcations ensure transparency, structure, and predictability in the export sector. Businesses and stakeholders involved in the rice export domain must stay updated with these notifications to align their operations accordingly.
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Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Notification No. 30/2023-DGFT | Dated: 30th August, 2023
Subject: Export of Non-Basmati White Rice (under HS code 1006 30 90) to Bhutan, Mauritius and Singapore.
S.O. 3843(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 and in accordance with the provision contained in Para 2 (iv) of Notification No. 20 dt. 20.07.2023, export of following quantity of Non-Basmati White Rice (under HS code 1006 30 90) to Bhutan, Mauritius and Singapore is permitted through National Cooperative Exports Limited (NCEL):-
- Export of 79000 MTs of Non-Basmati White Rice (under HS code 1006 30 90) to Bhutan.
- Export of 14000 MTs of Non-Basmati White Rice (under HS code 1006 30 90) to Mauritius.
- Export of 50,000 MT of Non-Basmati White Rice (under HS code 1006 30 90) to Singapore.
2. Effect of the Notification:
Export of Non-Basmati White Rice (under I IS code 1006 30 90) to Bhutan, Mauritius and Singapore 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.01/91/191/038/AM-24/EC /E-36779)