MEP of US$490 per tonne on Non-Basmati White
Rice Export Dropped, Now Freely Exportable
Effect
of the Notification: The requirement of Minimum
Export Price (MEP) for the export of Non-Basmati White Rice under HS code 1006
30 90 has been lifted with immediate effect.
Subject:
Amendment in Export Policy of Non-Basmati Rice under HS code 1006 30 90.
S.0. (E) – In
exercise of powers conferred by Section 3 read with section
5 of the Foreign Trade (Development & Regulation) Act, 1992, read with Para 1.02 and
2.01 of the Foreign Trade Policy, as amended time to time, the Central
Government hereby, makes the following changes in Export Policy conditions
under ITC (HS) Code 1006 30 90 under Chapter 10 of Schedule II (Export Policy)
of ITC (HS) 2022, as under:-
|
ITC(HS) code |
Item Description |
Export Policy |
Existing Policy Condition |
Revised Policy Condition |
|
1006 30 90 |
Non-Basmati White rice (Semi- milled
or wholly milled rice, whether or not polished or glazed: Other) |
Free |
Export is subject to a Minimum
Export Price of USD 490/tonne |
- |
This is issued with the approval of the
competent authority.
(Issued
from F. No. 01/91/171/010/AM23EC/E-33294)