MEP of US $850/MT Notified for Matta Rice

Quality Testing not Required

[DGFT Public Notice No. 44 dated 31st March 2011]

Subject: Minimum Export Price (MEP) for export of Sona Masuri, Ponni Samba and Matta rice.

In exercise of the powers conferred by Para 2.4 of the Foreign Trade Policy, 2009-2014, the Director General of Foreign Trade hereby makes the following amendments in Public Notice No. 36 (RE-2010)/2009-2014 dated 01.03.2011 read with Public Notice No. 37 (RE-2010)/2009-2014 dated 08.03.2011 relating to procedure for export of 1,50,000 MTs of Non Basmati Rice(Sona Masuri, Ponni Samba & Matta rice varieties). Notification No. 21(RE-2010)/2009-2014 dated 10th February 2011 had permitted export of these 3 varieties of rice with respective quantity ceilings.

2. (a) A new sub-para 3 (v) was added through Public Notice No. 37 (RE-2010)/2009-2014 dated 08.03.2011 after sub-para (iv) at the end of para 3 of Public Notice No. 36 (RE-2010)/2009-2014 dated 01.03.2011. With immediate effect, the sub-para 3 (v) is amended to read as under:

“3. ………….

(v) The export of Sona Masuri, Ponni Samba and Matta varieties of non-Basmati rice shall be subject to a Minimum Export Price (MEP) of USD 850 per MT.”

(b) Para 3(iv) of Public Notice No. 36 (RE-2010)/2009-2014 dated 01.03.2011 relating to testing of quality of rice is deleted with immediate effect

4. Effect of this Public Notice:

(i) MEP of USD 850 per MT was prescribed for Sona Masuri rice and Ponni-Samba rice but not for Matta rice. Now the same MEP of USD 850 per MT is applicable for Matta rice also.

(ii) Condition 3 (iv) of Public Notice No. 36 dated 01.03.2011 relating to testing of quality of rice stands deleted.

(iii) There shall be no change in other conditions mentioned in Public Notice No. 36 (RE-2010)/2009-2014 dated 01.03.2011.