CBIC issues Instructions on Amendment in Export Policy of Wheat Flour [Read Circular]

CBIC - Instructions - Amendment - Export Policy of Wheat Flour - Taxscan

The Central Board of Indirect taxes and Customs (CBIC) has issued an instruction regarding the export policy of wheat flour. On 6th July, the Central Government has issued a notification wherein the Board has amended the export policy of wheat flour (atta), stipulating that such exports would be subject to the recommendation of Inter-Ministerial Committee (IMC) on the export of wheat, with effect from July 12, 2022.

“Vide para 2 of the above stated notification, it has been informed that during the period from July 06, 2022 till July 12, 2022 certain consignments of wheat flour, as specified therein, will be allowed to be exported.It has further been informed that the provisions as under Para 1.05 of the Foreign Trade Policy, 2015-2020 regarding transitional arrangement shall not be applicable under the above said Notification and that necessary modalities with regard to quality of wheat flour will be notified separately,” the circular said.

“All the Pr.Chief/Chief Commissioners are hereby requested to kindly bring the contents of this Notification to the attention of all concerned for its immediate implementation,” it added.

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