River Sand Exports Quota of 1.18 mn MT to Maldives for the Year 2011-12

[DGFT Notification No. 55 dated 7th June 2011]

Sub: Export of River Sand to Maldives under Bi-lateral Trade Agreement between Government of India and Government of the Republic of Maldives.

In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014,, as amended from time to time, the Central Government hereby adds Export Licencing Note 2 in Chapter 25 of ITC(HS) Classification of Export and Import items, as below:

“Export Licensing Note 2:

(i) Export of River Sand to Maldives permitted as per ceiling mentioned below subject to issue of No Objection within the annual ceiling by CAPEXIL who shall monitor the ceiling and send a quarterly report to Export Cell in DGFT.

For the Financial Year 2011-12 (on annual basis): 1,185,455 MTs.

(ii) For the export of above quantity of River Sand, CAPEXIL shall ensure that the suppliers/extractors have obtained appropriate clearances and mining of the sand is not undertaken in the Coastal Regulation Zone Area, which is prohibited under the Coastal Regulation Zone notification.

(iii) In addition to above, export of River Sand will be allowed subject to the exporter obtaining necessary environmental clearances/No Objection Certificate from the designated nodal authority of respective State Governments from where the River Sand is obtained.”

3. Effect of this notification:

Export of the quantities of River Sand with the annual ceiling indicated in Export Licensing Note 2 (i) above has been permitted for export to the Republic of Maldives under Bi-lateral Trade Agreement between Government of India and Government of the Republic of Maldives.