06(RE-2012)/2009-14, Dated: 04/07/2012

 

Removal of Minimum Export Price (MEP) of Basmati rice

 (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
Udyog Bhawan
 
Notification No.  6 (RE-2012) /2009-2014
New Delhi, Dated 4th July, 2012

 
Subject: Removal of Minimum Export Price (MEP) of Basmati rice.
 
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 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby deletes the entry at Point  (ii) in the “Nature of Restriction” column [Column No. 6 of the table] against Sl. No. 57 in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to Basmati rice.
 
2.         All other conditions [ Point (i); Point (iii) to (viii) in column 6 of the table against Sl. No. 57 in Chapter 10 of Schedule 2 of ITC(HS) book] remain unchanged.
 
 
3. Effect of this notification:
 
Basmati Rice can be exported without any Minimum Export Price (MEP).
 
 
 
 

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in

 

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