News Update

Exporters want GST Council to refund CGST & SGST through DrawbackIndia, Portugal agree to amend DTAA; Portugal also provides letters between Goa and Portugal in 17th CenturyIGI Airport to saturate in 2024; Govt sanctions Jewar Airport at G NoidaFICCI extends full support for smooth GST rollout in N-EDeemed exports benefits may be lost under GST regime: Commerce SecretaryWeather Portal for power sector launchedCBEC - IRS officers of 1981-82 batches get Apex Grade; become Pr CCsJ&K Deputy CM favours early implementation of GSTCus - Applicant seeking early hearing as he doesn't want any posthumous pardon from legal system - request granted: CESTATPIL filed before Bombay High Court for deferment of GST till next yearBanking Ombudsman - RBI expands scope to impose penalty for wrongly palming off third party products to customersIGI Airport Customs seizes gold worth Rs 1.1 Crore from different paxDomestic tourist visits take a leap of 12.7% in 2016EEPC India opens Technology Centre in BengaluruCyber crimes against children can now be reported at POCSO e-BoxCBEC to celebrate July 1 as GST Day every yearUnion Govt releases fresh list of 30 more Smart CitiesIndia-Malaysia Comprehensive Economic Cooperation Agreement (Bilateral Safeguard Measures) Rules, 2017 notifiedGST - Workshop for textiles - TCS software Adhigam earns appreciationTrade in wildlife articles - Dr Harsh Vardhan calls for continuation of harsh actionCabinet okays MoU with Portugal in public administration fieldCX - Debit notes caused deliberate under valuation - penalty is only remedial measure else it would be an incentive to lawlessness: CESTATI-T - Comparable sales instances of commercial properties is no deciding factor in determining valuation of residential flat: HCCX - Whether there is burning loss of 7.5% or even 15% that alone cannot be reason to demand the duty: CESTAT
Untitled Document

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, Sub-Section (ii)]

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI

NOTIFICATION NO

11/2015-2020, Dated: June 23, 2017

Subject: Amendment in export policy of Muli Bamboo and export policy for bamboo products.

In exercise of the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendments, with immediate effect, in Chapter 14 of Schedule 2 of ITC(HS) Classification of Export & Import Items, as amended from time to time :

A. The existing entries against Sl. No. 90, Chapter 14 of Schedule 2 of ITC(HS) Classification, shall be substituted as follows:

Sl. No.

Tariff Item HS Code

Unit

Item Description

Export Policy

Nature of Restriction

90

1401 10 00

Tons

Muli Bamboo (melocanna bacifera)

Free till 31.03.2019

1. All the Muli Bamboo obtained from legal sources are permitted for export subject to proper documentation/Certificate of Origin(CoO) and compliance of transit rule of concerned State Forest Department for transportation.

2. The CoO shall be issued by the concerned State Forest Department from where Muli Bamboo has been procured by the exporter.

B. A new entry at Sl. No. 90 B in Chapter 14 of Schedule 2 of ITC(HS) Classification, shall be added as follows:-

Sl. No.
Tariff Item HS Code
Unit
Item Description
Export Policy
Nature of Restriction
90 B 141 10 00 Either Tons or Square Meter or Number Bamboo products made from bamboo obtained from legal source; except bamboo charcoal, bamboo pulp and unprocessed bamboo shoots Free

1. All the bamboo products made from bamboo obtained from legal sources are permitted for export subject to proper documentation/Certificate of Origin (CoO) proving that the bamboo used for making products has been obtained from legal sources.

2. The CoO shall be issued by the concerned State Forest Department/Agriculture Department from where bamboo has been procured by the purchaser of making handicrafts/machine made products.

2. Effect of this notification:

Export of Muli Bamboo till 31.03.2019 and bamboo products (except bamboo charcoal, bamboo pulp and unprocessed bamboo shoots) made from bamboo obtained from legal sources has been permitted.

[Issued from F.No.01/91/162/59/AM16/Export Cell)]

(A K Bhalla)
Director General of Foreign Trade