River Sand Exports Quota of 7.5 MTs to Maldives for Three
Years thru CAPEXIL Notified
[DGFT Notification
No. 75 dated 27th March 2014]
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), as amended read with Para 1.3 of the
Foreign Trade Policy, 2009-2014, as amended from time to time, the Central
Government hereby substitutes the Export Licencing Note 2 as appearing in
Chapter 25 of Schedule 2 of ITC(HS) Classification of
Export & Import Items, as below:
“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:
|
S.No. |
Item |
Annual Ceiling of Quantity
in MTs |
||
|
2014-15 |
2015-16 |
2016-17 |
||
|
1. |
River Sand |
2 lakh |
2.5 lakh |
3 lakh |
(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. This permission will also be subject to any State
legislation/judicial orders relating to mining of River Sand”
2. Effect of this notification
Export of the quantities of River Sand with the annual ceiling indicated in
the respective columns in Export Licencing 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.