The Government of India, Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade (DGFT), has issued a notification, No. 12/2023, dated June 19, 2023. The notification pertains to the amendment of Paragraph 10.08(ix) in the Foreign Trade Policy 2023, specifically related to the General Authorization for Export of Chemicals and related Equipments (GAEC).
Analysis: The amendment modifies the existing Paragraph 10.08(ix) in the Foreign Trade Policy 2023. It updates the policy for the General Authorization for Export of Chemicals and related Equipments (GAEC). The revised paragraph clarifies that the export of chemicals (excluding software and technology) is allowed for specified countries mentioned in Paragraph 10.16 of the Handbook of Procedure (HBP) 2023. The export is permitted based on a one-time General Authorization for Export of Chemicals and related equipment (GAEC) issued by the DGFT, with a validity of 5 years. Post-export reporting of all exports conducted under the authorization is required.
The amendment also highlights that the reference to the chemicals covered under GAEC should be made to Paragraph 10.16 of the HBP 2023.
Conclusion: The DGFT’s notification, No. 12/2023, introduces an amendment to Paragraph 10.08(ix) of the Foreign Trade Policy 2023. The amendment updates the policy for the General Authorization for Export of Chemicals and related Equipments (GAEC). Export of chemicals (excluding software and technology) to specified countries listed in Paragraph 10.16 of the HBP 2023 is permitted based on a one-time GAEC issued by the DGFT. Exporters are required to comply with the amended policy and fulfill the post-export reporting requirements.
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan
Notification No. 12/2023-DGFT | Dated: 19 June, 2023
Subject:- Amendment in Paragraph 10.08 (ix) in the Foreign Trade Policy 2023 to amend the Policy for General Authorisation for Export of Chemicals and related Equipments (GAEC).
S.O. 2690(E).– In exercise of the powers conferred by Section 5 and Section 14A of the Foreign Trade (Development and Regulation) Act, 1992. as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy 2023, as amended from time to time, the Central Government hereby amends Para 10.08(ix) of the Foreign Trade Policy, 2023 as under:
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Existing Paragraph |
Revised Paragraph |
| 10.08(ix) General Authorization for export of Chemicals and related equipments(GAEC) except software and technology : Export of chemicals (Excluding Software and Technology) listed in1 C,1D. 3D001 and 3D004 sub-categories is allowed to Australian Group(AG) countries and those listed in I E sub-category allowed for export to State Parties to the Chemical Weapons Convention (CWC) on the basis of a onetime General authorization for export of Chemicals and related equipments (GAEC) issued by DGFT with one time validity of 5 years subject to the post export reporting of all the exports done under the authorisation. | 10.08(ix) General Authorization for export of Chemicals and related equipments (GAEC) except software and technology :
Export of Chemicals (excluding Software and Technology) for export to specified countries as listed in Paragraph 10.16 of handbook of Procedure is allowed on the basis of a onetime General Authorization for Export of Chemicals and related equipment (GAEC) issued by DGFT with one time validity of 5 years subject to the post export reporting of all the exports done under the authorisation. |
Effect of this Notification : Para 10.08(ix) of FTP has been amended to provide reference to Para 10.16 of HBP 2023 for chemicals covered under GAEC.
(Santos Kumar Sarangi)
Director General of Foreign Trade
Ex-officio Additional Secretary to the Government of India
E-mail: dgft(ilnic.in
Issued from File No. 01/91/180/01/AM22/EC(S)
