Stone Aggregate Exports Quota to Maldives for Three Years
through CAPEXIL Allowed
[DGFT Notification
No. 76 dated 27th March 2014]
Sub: Export of
Stone Aggregate 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 1 as appearing in
Chapter 25 of Schedule 2 of ITC(HS) Classification of
Export & Import Items, as below:
“Note 1
(i) Export of Stone Aggregate 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. |
Stone Aggregate |
5 lakh |
5.5 lakh |
6 lakh |
(ii) For the export of above quantity
of Stone Aggregates, CAPEXIL shall ensure that the suppliers/extractors have
obtained appropriate clearances”.
2. Effect of this notification
Export of the
quantities of Stone Aggregate with the annual ceiling indicated in the
respective columns in Export Licencing Note 1(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.