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Notifications
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Removal of Prohibition on export of cotton (Tariff Codes 5201 and 5203).
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Removal of export prohibition on cotton restores free export subject to prior contract registration and RC revalidation.
Removal of the prohibition on export of cotton makes Tariff Codes 5201 and 5203 free for export subject to prior registration of contracts with DGFT. RCs valid at the time of the earlier prohibition and lacking LEOs must be submitted to DGFT for scrutiny and revalidation before exports may proceed; the RC issuance procedure remains as previously notified and Policy Circular No. 58 applies to RCs with issued LEOs.
Grant of export benefits / incentives to export proceeds realized even in Indian rupees – Exports to Iran regarding.
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Export proceeds in Indian rupees eligible for export benefits, treated at par with freely convertible currency for Iran exports.
Export proceeds realized in Indian rupees from exports to Iran are permitted to avail export benefits and incentives under the Foreign Trade Policy, 2009-14 on par with proceeds realized in freely convertible currency through insertion of Para 2.40A to Para 2.40.
Exemption of Bhutan from the application of export bans by India on export of Milk Powder, Wheat, Edible Oils, Pulses and Non Basmati Rice.
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Export exemption to Bhutan: annual export limits for listed food commodities are measured by calendar year, clarifying application.
The notification exempts Bhutan from export bans on milk powder, wheat, edible oils, pulses and non-basmati rice subject to specified annual limits, and defines "annual" for those limits as the Calendar Year, running from 1 January to 31 December, so that the ceilings are applied and counted on a Calendar Year basis.
Amendment in the subject of Notification No. 99 (RE-2010)/2009-14 dated 23.02.2012.
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Subject amendment clarifies notification scope, renotifying an ITC(HS) entry to correct the description for wheat export.
Amendment revises the subject header of a prior notification under the Foreign Trade Act and Policy to read "Re-notification of Sl. No. 46 A of Chapter 10 of ITC(HS) Classification of export & import items" for export of wheat, replacing an inaccurate heading referencing exports through Land Custom Stations, thereby correcting the notification's description without changing its substantive provisions.
Prohibition on export of cotton(Tariff Codes 5201 and 5203).
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Export prohibition on cotton: exports halted until further orders; prior registration and transitional exemptions disapplied.
The Central Government has prohibited the export of cotton under ITC(HS) headings 5201 and 5203 until further orders, disapplied transitional arrangements under the Foreign Trade Policy, and forbade exports against previously issued registration certificates, with prior registration of contracts with DGFT set as the operative administrative requirement.
Amendment in the subject of Notification No. 98 (RE-2010)/2009-14 dated 23.02.2012.
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Amendment to notification subject clarifies re-notification under ITC(HS) for export of non-basmati rice.
The Government amended the "Subject" of Notification No. 98 (RE-2010)/2009-14 to replace an inaccurate reference to export permission through Land Custom Stations with the title Re-notification of Sl. No. 45 A of Chapter 10 of ITC(HS) Classification of export & import items for export of non-basmati rice, as a corrective measure to avoid misinterpretation and to align the heading with the notification's contents.
Duty exemption on re-import of Cut & Polished Diamonds sent abroad for Certification/ Grading
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Duty exemption on re-import of certified cut and polished diamonds allowed for eligible exporters subject to guidelines.
Zero duty re-import is allowed for cut and polished diamonds (0.25 carat or more) sent abroad for certification/grading to specified authorized laboratories, provided the exporter has an annual export turnover meeting the Rs 5 crores threshold for each of the last three years and re-import occurs within three months; the facility is subject to procedural guidelines issued by the customs authority.
Permission for export of wheat through Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border.
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Wheat export via land custom stations permitted when quantity is registered with DGFT and designated RAs oversee registration.
Export of specified wheat tariff items is permitted through non-EDI Land Custom Stations on the Indo-Bangladesh and Indo-Nepal borders in addition to Custom EDI ports, provided quantities are registered with the Directorate General of Foreign Trade (DGFT); designated Regional Authorities (RAs) such as Kolkata and Patna, and others as notified, will handle such registrations.
Permission for export of non-basmati rice through Land Custom Stations (LCS) on Indo-Bangladesh and Indo-Nepal border.
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Export permission for non-basmati rice allows land custom station shipments subject to DGFT quantity registration and entity eligibility.
Export of non-basmati rice is authorised as a free export from privately held stocks by private parties and specified State Trading Enterprises. Exports must be through Custom EDI ports or, alternatively, through non-EDI Land Custom Stations on the Indo-Bangladesh and Indo-Nepal borders subject to registration of the export quantity with the Directorate General of Foreign Trade, with designated Regional Authorities handling registration. Exports under food aid programmes and bilateral arrangements with the Maldives are also permitted.
Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of Basmati Rice.
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Basmati rice export rules require APEDA registration, quality and packaging conditions, and specified pre-shipment checks.
Amendment sets export of Basmati Rice (HS 1006 30 20) as Free subject to registration of contracts with APEDA; a Minimum Export Price fixed in US dollars; grain length and length-to-breadth ratio requirements; permission to export through all EDI ports; pre-shipment inspection for European Union exports; required pre-shipment quality certification from specified laboratories for exports to the Russian Federation; and restrictions on export of empty printed gunny bags except in limited or justified cases.
Minimum Export Price of Onions.
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Minimum Export Price for onions lowered for general varieties while specified regional varieties remain subject to a higher MEP.
The Government amends prior FTP notifications to set the Minimum Export Price for all varieties of onions, excluding Bangalore Rose Onions and Krishnapuram Onions, at US$ 125 per metric ton F.O.B., replacing the earlier US$ 150 per metric ton specification for the general category; Bangalore Rose and Krishnapuram Onions remain subject to an MEP of US$ 250 per metric ton.
Import policy of arms and ammunition for Specified Sportspersons / Sport Bodies, amendment thereof.
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Import liberalisation of arms and ammunition allows specified sportspersons and bodies free import subject to record-keeping and Arms Act compliance.
Import of arms (including parts) and ammunition is permitted freely to specified sportspersons and sport bodies without import licensing; recommending or certifying bodies must maintain required records. Policy for import of air gun pellets is free. The amendment removes the prior licensing procedure for those categories but does not exempt them from the Arms Act and related rules.
Minimum Export Price of Onions.
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Minimum Export Price requirement for onions adjusted, lowering export pricing thresholds and updating regulatory entries accordingly.
Amendment of export pricing conditions revises the Minimum Export Price levels for two DGFT item entries covering onions, replacing earlier MEP figures with lower values and confirming DGFT authority to notify further changes. The revision applies one MEP to all onion varieties except Bangalore Rose and Krishnapuram, and a distinct MEP to Bangalore Rose and Krishnapuram onions, with cross-reference to the amended export policy schedule.
Amendment in Appendix-3 to Schedule-2 of ITC(HS) Classification of Export and Import Items,2009-14-regarding supply of SCOMET Items from DTA to SEZ.
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Supply of SCOMET items from DTA to SEZ: no export permission required but immediate reporting and annual filing mandated.
No export permission is required for supply of SCOMET items from DTA to SEZ, but suppliers must report each supply to the Development Commissioner of the recipient SEZ within one week using Annexure 1. The Development Commissioner must submit an annual consolidated report of such supplies to the SCOMET Cell, DGFT in Annexure 2 by fifteenth May for the preceding financial year. Export permission continues to be required for physical exports of SCOMET items from SEZ to other countries.

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Acts Income Tax