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Central Government has issued three notifications related to Export Policy. These are summarized as follows:
A. Notification no. 4 (RE-2008)/2004-2009 dated 11-4-2008 issued to amend Export Policy - Chapter 25 - to prohibit the export of Cement.
B. Notification no. 3 (RE-2008)/2004-2009 dated 11-4-2008 issued to amend Export Policy - Chapter 15 - to relax the export of edible oils. Accordingly following edible oils are allowed to be exported without any restriction:
(i) Export of Castor Oil,
(ii) Export of Coconut Oil through Kochi Port,
(iii) 'Deemed export' of edible oils to 100% export oriented units with the condition that the final product be non-edible,
(iv) Export of Oils produced out of minor forest produce (as per list)
C. Notification no. 2(RE-2008 )/2004-2009 dated 11-4-2008 issued to amend Export Policy - Chapter 44 to amend the export policy related to "Sawn Timber made exclusively out of imported logs/timber of all the species of wood other than CITES Appendix I & II species".
Export prohibition on cement; edible oil exports relaxed with specified allowances; sawn timber export policy amended. Export of cement is now categorically prohibited. Edible oil exports are relaxed to allow castor oil, coconut oil via Kochi port, deemed exports of edible oils to 100% export oriented units where the final product is non edible, and oils from listed minor forest produce. The export policy for sawn timber is amended to permit sawn timber made exclusively from imported logs/timber, excluding species covered by CITES Appendix I and II.Press 'Enter' after typing page number.