NOTIFICATION NO. 40/2009, DT. 12/05/2010
- Document type
- Circular
- Reference no.
- M
- Dated
Prohibition on export of wheat-exemption for export of wheat to Bangladesh
Prohibition on export of wheat-exemption for export of wheat to Bangladesh
"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."
(Above para 2.10 has been substituted vide NTF. NO. 56/2009, DT. 06/08/2010)
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)
[OLD-
2.10 The prohibition imposed by this notification on export of wheat shall not be applicable to export of 4,00,000 MT of wheat to Bangladesh through Food Corporation of India.]
2. The above mentioned quantity shall be exported by Food Corporation of India out of the Central Pool stock. Wheat shall be exported at economic cost.
3. This issues in Public Interest.
(R.S. GUJRAL)
Director General of Foreign Trade
And Ex-Officio Special Secretary to the Govt. of India