DGFT notifies Non-basmati Rice Export Relaxation up to October 30, 2023 for Consignments with Export Duty Paid before July 20 [Read Notification]

DGFT - Non-basmati Rice - Relaxation - Export - taxscan

The Directorate General of Foreign Trade (DGFT), through notification 29/2023 S.O. 3838(E) dated 29th August 2023, has announced a temporary easing of regulations for the export of non-basmati rice until October 30, 2023, subject to specified conditions.

In line with the authority granted by Section 3 in conjunction with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, and considering the provisions of Paragraph 1.02 and 2.01 of the Foreign Trade Policy, 2023, the Central Government, as a departure from the stipulations in Notification No-20/2023 dated 20th July, 2023, permits the export of non-basmati white rice, subject to the conditions outlined below:

  1. The Notification No-20/2023 [S.O. 3249(E)] dated 20th July, 2023, was published in the Gazette of India at 21 hours on 20.072023. Therefore, Para 2 (iii) ofNotification N020/2023 [S.o. 3249(E)] dated 20th July, 2023 is amended as under:

“where Non-basmati rice consignment has been handed over to the Customs before 21:57:01 hours on 20.07.2023 and is registered in Customs system or where Non-basmati rice consignment has entered the Customs Station for exportation before 21 hours on 20.07.2023 and is registered in the electronic systems of the concerned Custodian of the Customs Station with verifiable evidence of date and time stamping of these commodities having entered the Customs Station prior to 21 hours on 20.07.2023. The period of export shall be up to 31.10.2023.”

  1. Export duty is paid before 21:57:01 hours on 20.07.2023.
  2. For removal of doubts, wherever the words/phrase “before this Notification” appears in the Notification No.20/2023 [S.O. 3249(E)] dated July, 2023, the same shall mean “before 21:57:01 hours on 20.07.2023”

The Central Government had announced the restriction on exporting non-basmati rice on July 20, 2023. Nonetheless, through this recent notification, the same restriction has been lifted until October 30th for shipments for which customs duty was settled before 21:57:01 on July 20, 2023.

Read More: DGFT notifies Prohibition of Export of Non-basmati rice

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