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42(RE-2009)/2009-14, Dated: 18/05/2010

(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3, SUB SECTION (ii)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

DEPARTMENT OF COMMERCE

DIRECTORATE GENERAL OF FOREIGN TRADE

NOTIFICATION NO. 42 /2009-2014

NEW DELHI, THE 18th MAY, 2010

Subject: Prohibition on Export of Non-basmati Rice – exemption regarding

S.O.(E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes, with immediate effect, the following amendment to Notification No.38 (RE-2007)/2004-2009, dated 15.10.2007 read with Notification No. 93 (RE-2007)/2004-2009 dated 1.4.2008, as amended from time to time.

2. Following shall be added at the end of Para 2.1.12 of the Notification No. 93 (RE-2007)/2004-09 dated 1^st April, 2008:

“2.1.13 With immediate effect, ban on export of Non-basmati rice shall also not be applicable to export of 1,00,000 MTs of non basmati rice (Parboiled) to Bangladesh as follows:

S. No.	Quantity (MTs)	Name of PSU through which export to be made
1.	50,000	STC
2.	25,000	MMTC
3.	25,000	PEC
Total	1,00,000.”

3. The above export shall be subject to the following conditions:-

(i) Export will be undertaken directly, and only, by the designated PSU(s);

(ii) Recipient countries will be advised to enter into contracts for the exports only with the designated PSU(s), in terms of GATT provisions;

(iii) The PSU(s) will buy rice from the market from all over the country;

(iv) The PSU(s) will make purchases from the market at a price as close to MSP as possible, so as not to disturb the existing price situation in the market;

(v) The PSU/s will procure and export rice as per guidelines prescribed by the Department of Commerce vide O. M. No. 7/4/2009 - FT(ST) dated 18.2.2010;

(vi) End-point verification of exports reaching the destination will be filed by the PSU(s).

4. All other provisions of the Notification No.93 (RE-2007)/2004-09 dated 1^st April, 2008, as amended from time to time, shall remain unchanged, and shall continue to apply.

5. This issues in public interest.

(R.S GUJRAL)

DIRECTOR GENERAL OF FOREIGN TRADE

AND EX-OFFICIO SPECIAL SECRETARY TO THE GOVT. OF INDIA

(Issued from F.No.01/91/180/775/AM10/Export Cell)

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GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

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