Introduction: The Ministry of Commerce and Industry, through the Directorate General of Foreign Trade (DGFT), has issued a crucial notification, No. 43/2023, dated 11th November, 2023. This notification addresses the incorporation of a Policy Condition concerning the export of Non-basmati rice under HS Code 1006 30 90. The notification outlines specific details, including the ITC HS Code, description, export policy, and the granted exemption. In this article, we will dissect the key aspects of DGFT Notification 43/2023 and analyze its implications.
1. Policy Condition for Non-basmati Rice Export: The notification introduces a Policy Condition for the export of Non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed) under HS Code 1006 30 90. Notably, this category is classified as “Prohibited” under the export policy.
2. Exemption Granted to Patanjali Ayurved Limited: Despite the prohibition, the Central Government grants a one-time exemption to Patanjali Ayurved Limited. The exemption allows the export of 20 MT of Non-basmati white rice under HS Code 1006 30 90 as a donation to Nepal for earthquake victims.
3. Effect of the Notification: The notification explicitly states that the one-time exemption is solely for Patanjali Ayurved Limited, and it pertains to the export of Non-basmati white rice under HS Code 1006 30 90 for the specified humanitarian cause.
Conclusion: DGFT Notification 43/2023 carries significant implications for the export of Non-basmati white rice under HS Code 1006 30 90. The one-time exemption granted to Patanjali Ayurved Limited showcases a nuanced approach to trade policies, allowing flexibility for exceptional circumstances. As the Ministry of Commerce and Industry continues to navigate the dynamic landscape of foreign trade, this notification serves as a notable precedent. Stakeholders, particularly those in the rice export industry, should closely monitor the developments and adapt their strategies accordingly. This exemption highlights the intersection of commerce and humanitarian efforts, emphasizing the role of trade policies in addressing critical global needs.
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
Notification No. 43/2023 – DGFT | Dated: 11th November, 2023
Subject: – Incorporation of Policy Condition for export of Non-basmati rice under HS Code 10063090.
S.O. 4898(E).—The Central Government, 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, hereby incorporates the following Policy Condition for export of Non-basmati rice against ITC (HS) code 1006 30 90 of Chapter 10 of Schedule 2 of the ITC (HS) Export Policy, as under:
|
ITC HS Codes |
Description | Export Policy | Policy condition |
| 1006 30 90 | Non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed: Other) | Prohibited | One time exemption from ‘Prohibition’ is granted to Patanjali Ayurved Limited for export of 20 MT of Non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed: Other) as donation to Nepal for earthquake victims. |
2. Effect of this Notification:
One time exemption from ‘Prohibition’ is granted to Patanjali Ayurved Limited for export of 20 MT of Non-basmati white rice (Semi-milled or wholly milled rice, whether or not polished or glazed: Other) under HS Code 1006 30 90 as donation to Nepal for earthquake victims.
[F. No. 01/91/171/010/AM23EC/e-33294]
SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-Officio Addl. Secy.
