DGFT extends the export prohibition of De-Oiled Rice Bran till July 31, 2024.
The DGFT vide Notification No. 76/2023 dated March 15, 2024 extends the Export prohibition of De-Oiled Rice Bran from March 31, 2024 till July 31, 2024.
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, 2023, the Central Government hereby, in modification of Notification No. 51/2023 dt. December 08, 2023, makes the following amendment related to policy condition of De-Oiled Rice Bran:
| ITC HS code | Description | Export Policy | Present Policy condition | Revised Policy Condition |
| 2306 | OIL-CAKE AND OTHER RESIDUES, WHETHER SOLID OR NOT GROUND OR IN THE FORM OF PELLETS, RESULTING FROM THE EXTRACTION OF OR VEGETABLE MICROBIAL FATS OR OILS, OTHER THOSE THAN 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 March 31, 2024. | However, export of De-Oiled Rice Bran under ITC HS code 2306 and under any other HS code is prohibited till July 31, 2024. |
Effect of the Notification:
Export prohibition of De-Oiled Rice Bran is extended beyond March 31, 2024 and till July 31, 2024.
The Notification can be accessed at: https://www.a2ztaxcorp.com/wp-content/uploads/2024/03/Notification-No.-76-2023-english.pdf
Source from: https://www.a2ztaxcorp.com/dgft-extends-the-export-prohibition-of-de-oiled-rice-bran-till-july-31-2024/