The DGFT vide Notification No. 21/2023 dated July 28, 2023 amended the Export policy of De-Oiled Rice Bran from ‘Free’ to ‘Prohibited’ with immediate effect upto November 30, 2023.
In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes following amendment in Chapter 23 of the Schedule -2 of ITC HS export policy related to export policy of De-Oiled Rice Bran:
| SI. No. | ITC HS code | Description | Present Policy |
Policy Condition |
|
94 A |
2306 |
Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading 2304 or 2305 |
Free |
However, export of De- Oiled Rice Bran under ITC HS code 2306 and under any other HS code is prohibited till November 30, 2023. |
Effect of the Notification:
The export policy of De-Oiled Rice Bran is amended from ‘Free’ to ‘Prohibited’ with immediate effect upto November 30, 2023.
The Notification can be accessed at: https://a2z-bucket.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/07/DGFT-Notification-No.-21-2023-dated-28.07.2023-ENGLISH.pdf
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