Maldives Pulses Quota of 73MTs Released

[Ref: Notification No. 118 (RE-2010)/2009-2014 dated 30 May 2012]

Subject: Exemption for export of pulses to the Republic of Maldives.

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) as amended, read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendment in the Notification No. 15 (RE-2006)/2004-09 dated 27.06.2006 read with Notification No. 109 (RE – 2010)/2009-2014 dated 27.03.2012.

2. Export of pulses had been prohibited vide Notification No. 15(RE-2006)/2004-09 dated 27.06.2006 which had initially been imposed for a period of 6 months and is presently extended till 31.03.2013 vide Notification No. 109 (RE – 2010)/2009-2014 dated 27.03.2012.

3. Now, 73 MTs of pulses is being allowed for export to the Republic of Maldives through MMTC Ltd. during the period 2012-13 which is an exception to the prohibition imposed by the above notifications.

4. Export of 80 MTs of pulses to the Republic of Maldives through MMTC Ltd. during the period 2013-14 would also be exempted from any export ban.

5. Effect of this notification:

73 MTs of pulses for the year 2012-13 and 80 MTs of pulses for the year 2013-14 to the Republic of Maldives would be permitted to be exported through MMTC Ltd.