N 26/2018 IN FORCE Export policy & incentives 2018-08-21

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

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

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(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

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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.

  1. 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: I. 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”. é, 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:

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----- Start of picture text -----<br> S.No. | Tariff Item HS Code | Unit | Item Description | Export Policy | Policy Condition]<br>98A 2508 5031 Kg Beach Sand Minerals | STE (State Export through<br>2508 5032 [Ilmenite, Rutile, Trading Indian Rare Earths<br>2508 5039 Leucoxene(Titanium | Enterprise) Limited (IREL)<br>2612 1000 bearing mineral),<br>2612 2000 Zircon, Garnet,<br>2614 0010 Sillimanite and<br>2614 0020 Monazite (Uranium<br>2614 0031 and Thorium)]<br>2614 0039 .<br>2614 0090<br>2615 1000<br>2513 2030<br>4. Effect of this Notification:<br>Indian Export of Beach Sand Minerals have been brought under STE and shall be canalized through<br>now Rare Earths Limited (IREL). Beach sand minerals, permitted anywhefe ¥n the export policy, will<br>be regulated in terms ofpolicy under at SI. No. 98A of Chapter 26 of Schedule 2 “ae Policy.<br>(At6k Sh aturvedi)<br>Ex-officio Director GenegatOf Foreign Trade<br>Additional Secr , Government of India<br>E-mail: dgft@nic.in<br>----- End of picture text -----<br>

(Issued from F.No.01/91/1 71/22/AM19/EC)

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