Custom
TRT-2025-
Date:-30-08-22
In:-
Issue Favourable to Tax Payer ?:-
Key Pointers:
- Director General of Foreign Trade’s (DGFT) had issued Notification No. 29/2015-2020 dated August 27, 2022 vide S.O. No.4028(E) amending the Export Policy of Items under HS Code 1101. Vide the said notificationm Central Government has withdrawn the exemption on Wheat or Meslin Flour (HS Code 1101) from export restrictions/ban. It was clarified vide the said notification that Wheat or Meslin Flour under HS Code 1101 is no longer exempted from export restrictions/ban. The status of other 9 items in Notification No. 31 (RE-2012)/2009-2014 dated February 04, 2013 remain unchanged.
- Further, DGFT vide Notification No. 30/2015-2020 dated 27 August 2022 has amended the Export Policy of Items under HS Code 1101, stipulating that export policy of Items [wheat or Meslin Flour (Atta), Maida, Samolina (Rava/Sirgi), Wholemeal atta and resultant atta] under HS Code 1101 is amended from ‘Free’ to ‘Prohibited’.
- Vide para 2 of the said notification, it has 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. However, the export of above items shall be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their Government.
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