DGFT amends Export Policy of Broken Rice

Nov 08, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on November 07, 2022, issued an amendment to the Export Policy of broken rice under HS Code 1006 40 00.

The following has been stated namely: -

• Notification No. 31/2015-2020 dated September 08, 2022, which specifies the Export Policy of broken rice has been referred to in this notification.

• The Export Policy of broken rice has been amended from ‘Free’ to ‘Prohibited’

• During the period from September 09, 2022, till September 15, 2022, the following consignments of broken rice will be allowed to be exported namely: -

1. Where loading of broken rice on the ship has commenced before this notification.

2. Where the shipping bill is filed and vessels have already berthed or arrived and anchored in Indian ports and their rotation number has been allocated before this notification. 

3. Where the broken rice consignment has been handed over to the customs and is registered in their system before this notification.

This shall come into force on September 09, 2022.

 

[Notification No. 31/2015-2020]

 


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