NOTIFICATION NO. 56/2009, DT. 06/08/2010

Prohibition on export of wheat-exemption for export of wheat to Bangladesh

S.O. (E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendment in Notification No. 40/2009-14 dated 12.05.2010 read with Notification No. 33(RE-2007)/2004-2009 dated 08.10.2007, as amended from time to time (pertaining to prohibition on export of wheat and wheat products).

2. With immediate effect, the existing entry against para 2.10 in the Notification No. 40/2009-2014 dated 12.05.2010 is substituted to read as under:-

“2.10 The prohibition imposed by this notification on export of wheat shall not be applicable to export of 2,00,000 MT of wheat to Bangladesh through Food Corporation of India.”

The above quantity of 2 lakh tones of wheat to Bangladesh will be exported by the PSUs of Department of Commerce viz. M/s. STC and M/s. PEC Ltd. as follows:

S. No.	Quantity (MTs)	Name of PSU through which export to be made
1.	1,00,000	STC
2.	1,00,000	PEC
Total	2,00,000.

3. The above export by the PSUs shall be subject to the following conditions:-

(i) The PSU(s) will engage in these exports by lifting stocks from FCI at prevalent economic cost to FCI plus the margin for the PSUs.

(ii) The PSUs would lift the quantities of wheat from the Central Pool and export on CIF basis as requested by the Government of Bangladesh. This would entail additional costs on account of freight, insurance etc. which will be borne by the Government of Bangladesh.

(iii) Ministry of External Affairs will advise the Government of Bangladesh about the PSU designated to export to that country for entering into contracts only with the designated PSUs. MEA will also inform the PSU about the designated buying agency in Bangladesh.

(Above para after 2.10 & conditions has been added vide NTF. NO. 04/2010, DT. 30/08/2010)

3. There shall be no other change in Notification No. 40/2009-14 dated 12.05.2010.

4. This issues in Public Interest.

(P.K. Chaudhery)
DIRECTOR GENERAL OF FOREIGN TRADE
AND ADDITIONAL SECRETARY TO THE GOVT. OF INDIA

(Issued from F.No.01/91/180/773/AM10/EC)

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