IDT Digest for June 25, 2017

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  • Notification: Foreign Trade Policy:

Export of “Muli Bamboo” has been permitted till March 31, 2019 and of “Bamboo products” has been permitted without any time related restriction

The Director General of Foreign Trade (the “said Authority”) vide Notification No. 11/2015-2020 dated June 23, 2017 has permitted the export of all the Muli Bamboo (melocanna bacifera) falling under HSN Code 14011000 of Chapter 14 of Schedule 2 of ITC(HS) Classification (said “classification”) obtained from legal sources, subject to proper documentation/ Certificate of Origin(“CoO”) and compliance of transit rule of concerned State Forest Department for transportation, till March 31, 2019.

Further the said authority has also inserted Sl. No. 90B in the said classification to permit the export of Bamboo products made from bamboo obtained from legal sources; except bamboo charcoal, bamboo pulp and unprocessed bamboo shoots, subject to proper  documentation/ (CoO) proving that the bamboo used for making products has been obtained from legal sources.

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