DGFT Releases Red Sanders Wood Export Quota of 186.588 MTs for
Karnataka
[Ref: Notification No. 40/2015-2020 dated 27
November 2017 ]
[Effect of this notification: Prohibition
on export of Red Sanders wood in log form has been relaxed for export of Red Sanders
wood, in log form, through
State Government of Karnataka]
Subject:
Relaxation in export policy for export of Red Sanders wood by Government of Karnataka
under Sl. No. 188,
Chapter 44 of Schedule 2 of lTC (HS) Classification of Export and Import 2012.
S.O.(E) In exercise of the
powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992),
as amended, read with Para 1.02 of the Foreign Trade Policy,
2015-2020,
the Central Government hereby makes the following amendments in respect of Sl. No.
188 of Schedule 2 of ITC(HS) Classifications of Export and Import Items, 2012 read with Notification No. 47 (RE-2013)/2009-2014 dated 24.10.2013
and Notification No. 25/2015-2020 dated 02.09.2016 as under:
"The condition stipulated
in Column 5 against S. No.188 of Chapter 44 of Schedule 2 of the ITC(HS) Classifications of
Export and Import Items shall be relaxed to allow export of 186.588 MT of Red Sanders wood in the
form of log, obtained out
of confiscated/seized stock by the Police and Forest
Departments, State Government of Karnataka".
2. (i) Government of
Karnataka is hereby permitted to export 186.588 MTs of Red Sanders wood in log form, either by itself or through
any entity/entities, so authorized by them, for the purpose.
(ii) Such entity/entities or Government of Karnataka, as the case may be, shall be granted export authorization by the concerned Regional Authority of DGFT upon production of quantity allocation letter from the State Government of Karnataka.
3. State Government of
Karnataka shall finalize the modalities including allocation of quantities to various entities, as applicable, for export of the respective quantities within 6 months of issue of this notification
and such export must be completed within 6 months thereafter.
The whole process of export shall be completed
within twelve months from the date of issue of this Notification.