Stone Aggregate Exports Quota to Maldives for the Year 2010-11

[DGFT Notification No. 45 dated 21st May 2010]

Sub: Export of Stone Aggregate to Maldives for the year 2010-2011.

In exercise of powers conferred by Section 5 and section 3(2) of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and paragraph 2.1 of the Foreign Trade Policy, 2009-14, as amended from time to time, the Central Government hereby amends Schedule 2 (Export Policy) of the ITC (HS) Classifications of Export and Import Items, as follows:-

2. In Chapter 25, the export licensing note regarding export to Maldives, shall be substituted as following:-

“1. Export to Maldives permitted as per ceiling mentioned below subject to issue of No Objection within the annual ceiling by CAPEXIL who shall monitor the ceiling and send a quarterly report to Export Cell in DGFT:

For the financial year 2010-11 (on annual basis)

Stone Aggregate: 1,026,550 MTs

2. For the export of above quantity of Stone Aggregate, CAPEXIL shall ensure that the suppliers/extractors have obtained appropriate clearances.”

3. This issues in public interest.