Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Export of Rice through STC and MMTC.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Export of Rice through STC and MMTC. - News and Press Release Dated:- 17-8-2011 - News - Press Information Bureau Government of India Ministry of Commerce Industry 17-August-2011 17:28 IST Export of Rice through STC and MMTC The data regarding export of rice to various countries during last three years is given below: Year Quantity (in tons) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Top 5 destinations 2008-09 24,88,291 Saudi Arab, UAE, Iran, Kuwait, Yemen 2009-10 21,56,408 Saudi Arab, UAE, Iran, Kuwait, Yemen 2010-11 (upto Dec. 2010) 16,68,132 Saudi Arab, UAE, Iran, Bangladesh, Kuwait, ( Source : DGCI S) The prominent destinations of Indian rice exports are UAE, Saudi Arab, Iran and Kuwait. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The export of non-basmati rice done by PEC, STC and MMTC is given below:. Year PSU Quantity exported 2008-09 PEC STC MMTC 1,41,150.57 2,10,064.96 1,17,500 2009-10 PEC STC MMTC - - - 2010-11(till Dec 2010) PEC STC MMTC 24,996 - - The export of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... basmati rice can be done under Open General License subject to prior registration with APEDA. The export of non-basmati rice on diplomatic basis can be done by State Trading Agencies only. In 2009, the matter of export of non-basmati rice to African countries was raised in the Lok Sabha by Shri Sharad Yadav and others on 22.07.2009 under Rule 377/Zero Ho .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ur and in Rajya Sabha by Shri D Raja and others on 20.07.2009 under Special Mention/Zero Hour. In this regard Commerce and Industry Minister had given a statement in Lok Sabha on 30.07.2009 and again on 19.11.2010. In accordance with the statement given on the floor of the Lok Sabha on 30.07.2009, an internal inquiry .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... was instituted and the concerned officials of the PSUs were issued show cause notices. Concerned companies, who prima facie were acting in collusion, were debarred from all future transactions with PSUs of the Department of Commerce. The entire matter was referred to CVC who have tendered their advice and departmental action is being initi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ated against the concerned. Meanwhile, the matter is also under investigation by CBI. This information was given by the Minister of State for Commerce and Industry Shri Jyotiraditya M. Scindia in a written reply to a question, in the Rajya Sabha today. DS/gk - News - Press release - PIB Tax Management .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates