NOTIFICATION NO. 59 (RE-2008)/2004-2009  dated 18.11.2008
100% EOUs allowed to export Non Basmati Rice - Quantity and Price fixed by the Govt.
 
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 also read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments to Notification No.93(RE-2007)/2004-2009 dated 1st April, 2008 read with Notification No. 37 (RE-2008)/2004-09 dated 3rd September, 2008 and Notification No. 38 (RE-2008)/2004-2008 dated 5th September, 2008, Notification No. 39 dated 16th September, 2008 and Notification No.55 (RE-2008)/2004-09 dated 5th November, 2008:-

2. In partial relaxation of ban on export of non-basmati rice imposed vide Notification No. 38 (RE-2007)/2004-09 dated 15th October 2007, read with above mentioned subsequent Notifications, the following 100% EOUs are allowed to export Non-basmati rice as per quantity as well as terms and conditions given under:-
 
Name of 100% EOU Quantity of Non-basmati rice Minimum Export Price
M/s Venkatachalapathi Modern Rice Mill, Abhishagapakkam, Pondicherry 12,500 tonnes $ 1000/tonne
M/s Bharat Exporters, R.R District, Hyderabad, Andhra Pradesh. 12,500 tonnes $ 1000/tonne

3. The export of non-basmati rice allowed to the above 100% EOUs shall be during Kharif Marketing Season 2008-09, and the quantity exported, shall be monitored through an appropriate system put in place by Department of Commerce.

4. This issues in public interest.
 

(R.S. Gujral)
Director General of Foreign Trade
And Ex-Officio Additional Secretary to the Govt. of India

(Issued from F.No.01/91/180/846/AM08/PC-III)

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