Export policy of Beach Sand Minerals (BSM) in Chapter 26 of Schedule 2 of ITC(HS) Classification of Export and Import Items 2018 - regarding.

Notification No: Notification No 26/2015-2020
Notification Date: 2018-09-21
Issuing Authority: DGFT-Notification
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.

(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 Sl. 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 Sl. 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
98 A

2508 5031

2508 5032

2508 5039

2612 1000

2612 2000

2614 0010

2614 0020

2614 0031

2614 0039

2614 0090

2615 1000

2613 2030

Kg Beach Sand Minerals [Ilmenite, Rutile, Leucoxene(Titanium bearing mineral), Zircon, Garnet, Sillimanite and Monazite (Uranium and Thorium)]

STE (State | Trading

Enterprise)

Export through Indian Rare Earths Limited (IREL)

 

 

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 Sl. No. 98A of Chapter 26 of Schedule 2 Export Policy.

 

(Alok Vardhan Chaturvedi)

Director General of Foreign Trade

Ex-officio Additional Secretary, Government of India

E-mail: dgft@nic.in

 

(Issued from F.No.01/91/171/22/AM19/EC)

 

 

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