Prohibition on Export of Non-basmati Rice – exemption for export of Sona Masuri, Ponni Samba and Matta rice- regarding - 21(RE-2010)/2009-2014 - Foreign Trade Policy

(To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii) Government of India Ministry of Commerce Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 21(RE-2010)/2009-2014 New Delhi, the 10 th February, 2011 Subject: Prohibition on Export of Non-basmati Rice exemption for export of Sona Masuri, Ponni Samba and Matta rice- regarding S.O. 318(E) In exercise of the powers conferred by Section 5 of Foreign Trade (Development Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014 , the Central Government hereby makes, with immediate effect, the following amendment to Notification No. 38 (RE-2007)/2004-2009 , dated 15.10.2007 read with Notification No. 93 (RE-2007)/2004-2009 dated 1.4.2008, as amended from time to time. 2. In Notification No. 93 (RE-2007)/2004-2009 dated 1.4.2008 sub para 2.1.13 was added on 18.05.2010 vide Notification No. 42/2009-14 . Now another sub-para 2.1.14 shall be added as under: 2.1.14 The following varieties of non-Basmati rice as per quantities indicated against each will be allowed for export. The exact modalities will be notified separately. S. No. Varity of non-Basmati Rice Quantity (MTs) 1. Sona Masuri 1,00,000 2. Ponni Samba 25,000 3 Matta 25,000 1 [ 2.1.15 Ten lakh MT of non-Basmati rice is allowed for export subject to the following conditions; i) Prior Registration of contracts with DGFT on a first-come-first-served basis subject to: (a) Export shall be made from privately held stocks. (b) Applications for allotment must be accompanied with irrevocable and confirmed letter of credit, (c) An applicant must submit a performance bank guarantee, along with the application for a value equivalent to a value of 10% of applied quantity. In case of non-completion of exports, within the stipulated time frame, this bank guarantee is liable to be confiscated. A flexibility of + or 5% in performance is allowed. (d) An application can be for a maximum of 12,500 MT. (e) This export will be subject to an MEP of US$400 per MT. ii) Applications for intent to export will be sent to [email protected] . The modalities for allocation and the format in which e mails are to be sent is attached as Annexure I and Annexure II respectively, to this Notification. ] 3. All other provisions of the Notification No.93 (RE-2007)/2004-09 dated 1 st April, 2008, as amended from time to time, shall remain unchanged, and shall continue to apply. 4. Effect of this notification: Certain varities of rice (Sona Masuri, Ponni Samba and Matta) are permitted to be exported with a limit on quantity of export for the KMS 2010-11. (Anup K. Pujari) Director General of Foreign Trade e-mail: [email protected] (Issued from F.No.01/91/180/775/AM10/Export Cell) ------------------------------------------------ Notes:- 1. Added vide Notification No. 60 (RE-2010)/2009-2014, dated 19/07/2011