(To be Published in the Gazette
of India Extraordinary Part-II, Section - 3, Sub-Section (ii))
Government of India
Ministry of Commerce & Industry
Department of Commerce Directorate
General of Foreign Trade Udyog Bhawan
Notification No 26/2015-2020
New Delhi, Dated : 21 August, 2018
Subject: Export policy of
Beach Sand Minerals (BSM) in Chapter 26 of Schedule 2 of ITC(HS) Classification
of Export and Import Items 2018 - regarding.
S.O.(E) In exercise of the powers conferred by Section 3 of the Foreign Trade
(Development & Regulation) Act, 1992 (No.22 of 1992), read with paragraph 1.02
and 2.01 of the Foreign Trade Policy (FTP), 2015-2020, as amended from time to
time, the Central Government hereby, with immediate effect, makes amendment in
export policy of 'Beach Sand Minerals' in Chapter 26 of Schedule 2 of ITC(HS)
Classification of Export and Import Items.
2. The existing entries in the 'Note' of Chapter 26 of Schedule 2 of ITC(HS)
Classification of Export and Import Items 2018 are substituted as under :
"NOTE:
1. Export of Rare Earth compounds classified as Beach Sand Minerals (BSM) ,
namely [Ilmenite, Rutile, Leucoxene(Titanium bearing mineral), Zircon, Garnet,
Sillimanite and Monazite (Uranium and Thorium)], shall be regulated in terms of
SI. No. 98A of Chapter 26 Schedule 2 of ITC(HS) Classification.
2. Other minerals under code 2617 are freely exportable, except those which have
been notified as prescribed substances and controlled under Atomic Energy Act,
1962".
3. A new entry at SI. No. 98A is inserted in Chapter 26 of Schedule 2 of ITC
(HS)
Classification of Export & Import Items 2018 as follows:
|
S.No. |
Tariff Item HS Code |
Unit |
Item Description |
Export Policy |
Policy Condition |
|
98A |
2508 5031 |
Kg |
Beach Sand Minerals |
STE (State |
Export through |
|
|
2508 5032 |
|
[Ilmenite, Rutile, |
Trading |
Indian Rare Earths |
|
|
2508 5039 |
|
Leucoxene(Titanium |
Enterprise) |
Limited (IREL) |
|
|
2612 1000 |
|
bearing mineral), |
|
|
|
|
2612 2000 |
|
Zircon, Garnet, |
|
|
|
|
2614 0010 |
|
Sillimanite and |
|
|
|
|
2614 0020 |
|
Monazite (Uranium |
|
|
|
|
2614 0031 |
|
and Thorium)] |
|
|
|
|
2614 0039 |
|
|
|
|
|
|
2614 0090 |
|
|
|
|
|
|
2615 1000 |
|
|
|
|
|
|
2513 2030 |
|
|
|
|
4. Effect of this Notification:
Export of Beach Sand Minerals have been brought under STE and shall be canalized
through Indian Rare Earths Limited (IREL). Beach sand minerals, permitted
anywhere in the export policy, will now be regulated in terms of policy under at
SI. No. 98A of Chapter 26 of Schedule 2 Export Policy.
(ALOK VARDHAN CHATURVEDI)
Director General of Foreign Trade &
Ex-Officio Additional secretary to Government of India
Email: dqft@nic.in
(Issued from F.No.01/91/171/22/AM19/EC)