TN 9/2022 IN FORCE 2022-05-23

TN 9/2022

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Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade

Dated 23" May, 2022

Trade Notice No. 09/2022-2023

To

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  1. All Regional Authorities of DGFT

  2. All Customs Commissionerates 3. Members of Trade

  • Subject: Implementation of Notification No.06/2015-2020 dated 13" May, 2022- Prohibition on export of wheat.

Reference is invited to Notification No.06/2015-2020 dated 13" May, 2022 amending the export policy of wheat under S.No.59 of Chapter 10 of Schedule — 2 of the ITC (HS) Export Policy from ‘Free’ to ‘Prohibited’ with immediate effect read with Trade Notice No.06/20222023 dated 14" May, 2022, Trade Notice No.07/2022-2023 dated 17" May, 2022 and Trade Notice No.08/2022-2023 dated 17" May, 2022.

  1. In this regard, information has been received from sources that fraudulent back dated Letter of Credit (L/C) showing date of issuance, as on or prior to 13.5.2022, are being submitted by some unscrupulous exporters for issue of RCs, but as per the L/C, message exchange date between Foreign and the Indian bank / Swift message is after 13.05.2022.

os The said matter has been considered and it is clarified that for registration of L/C with the RAs of DGFT, apart from the L/C date, the message exchange date between the Indian and foreign bank / Swift date should also be on or prior to 13.5.2022.

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This issues with the approval ofcompetent authority.

“[heft] (S. K. Mohapatra) Deputy Director General of Foreign Trade E-mail: mohapatra.sk@nic.in

(Issued from F.No. 01/91/180/032/AM22/EC/Pt./E-3 1336)

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