River Sand and Stone Aggregates Exports Quota to Maldives under Bilateral Trade Agreement through CAPEXIL Notified

[DGFT Notification No 7/2015-2020 dated 7 June 2019]

Effect of this notification: Export of the quantities of River Sand and Stone Aggregates with the annual ceiling indicated in the table in Note 1 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.

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

S.O. (E)  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 makes amendments by adding following Note 1 in Chapter 25 of Schedule 2 of ITC(HS) Classification of Export & Import Items with immediate effects.

2. "Note 1

•   Export of River Sand and Stone Aggregates 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 (Hqrs.):

S. No.

Item

Annual Ceiling of Quantity for 2019-20 (in MT)

1

River Sand

2 Lakh

2

Stone Aggregates

8 Lakh

•        For the export of above quantity of River Sand and Stone Aggregates, 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.

•   In addition to above, export of River Sand and Stone Aggregates 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 ' and 'Stone Aggregates'

(Issued from 01/91/171/59/AM09/Export Cell)