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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

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        Case ID :
        Customs, DGFT & SEZ

        Export for Neighbouring Countries.

        September 3, 2012

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        Press Information Bureau
        Government of India
        Ministry of Commerce & Industry

        03-September-2012 16:37 IST

        Export for Neighbouring Countries

         

         

        Quantum of wheat sold to neighbouring countries in last three years is as follows:

        Unit: Ton, Quantity in thousands.

        Sl No.

        Name of the country

        2009-10

        2010-11

        2011-12(P)

        1.

        Afghanistan

        -

        -

        34.94

        2.

        Bangladesh

        -

        -

        312.63

        3.

        Nepal

        0.01

        0.23

        1.78

        4.

        Pakistan

        -

        -

        38.94

        5.

        Sri Lanka

        -

        -

        18.26

        Source: DGCIS

                     Wheat exports are normally restricted.  Exports would depend upon the domestic demand and supply scenario.

        Wheat being exported through government agencies is at market prices being discovered through competitive tendering.

        This information was given by Minister of State for Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply to a question raised in the Lok  Sabha  today.

        DS/GK

        Wheat export restrictions: government sells exportable surplus to neighbouring countries at market prices via competitive tenders. Wheat exports are regulated and depend on domestic demand and supply; where exports to neighbouring countries occur they are effected through government agencies at market prices discovered through competitive tendering, reflecting state-controlled allocation of exportable surplus.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Wheat export restrictions: government sells exportable surplus to neighbouring countries at market prices via competitive tenders.

                                Wheat exports are regulated and depend on domestic demand and supply; where exports to neighbouring countries occur they are effected through government agencies at market prices discovered through competitive tendering, reflecting state-controlled allocation of exportable surplus.


                                Note: It is a system-generated summary and is for quick reference only.
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