Beach Sand Exports Canalized through Indian Rare Earths Limited (IREL)

[DGFT Notification No. 26/2015-2020 dated 21 August 2018]

Effect of this Notification: Export of Beach Sand Minerals have been brought under STE and shall be canalized through Indian Rare Earths Limited (IREL). Beach sand minerals, permitted anywhere in the export policy, will now be regulated in terms of policy under at SI. No. 98A of Chapter 26 of Schedule 2 Export Policy.

Subject: Export policy of Beach Sand Minerals (BSM) in Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items 2018.

S.O.(E)  In exercise of the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP), 2015-2020, as amended from time to time, the Central Government hereby, with immediate effect, makes amendment in export policy of ‘Beach Sand Minerals’ in Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items.

2. The existing entries in the ‘Note’ of Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items 2018 are substituted as under :

“NOTE:

1. Export of Rare Earth compounds classified as Beach Sand Minerals (BSM), namely [Ilmenite, Rutile, Leucoxene(Titanium bearing mineral), Zircon, Garnet, Sillimanite and Monazite (Uranium and Thorium)], shall be regulated in terms of SI. No. 98A of Chapter 26 Schedule 2 of ITC(HS) Classification.

2. Other minerals under code 2617 are freely exportable, except those which have been notified as prescribed substances and controlled under Atomic Energy Act, 1962″.

3. A new entry at SI. No. 98A is inserted in Chapter 26 of Schedule 2 of ITC (HS) Classification of Export & Import Items 2018 as follows:

S.No.

Tariff Item HS Code

Unit

Item Description

Export Policy

Policy Condition

98A

2508 50 32,

2508 50 39,

2612 10 00,

2612 20 00,

2614 00 10,

2614 00 20,

2614 00 31,

2614 00 39,

2614 00 90,

2615 10 00,

2513 20 30

Kg

Beach Sand Minerals [Ilmenite, Rutile, Leucoxene(Titanium bearing mineral), Zircon, Garnet, Sillimanite and Monazite (Uranium and Thorium)]

STE (State Trading Enterprise)

Export through Indian Rare Earths Limited (IREL)

(Issued from F.No.01/91/171/22/AM19/EC)