Directorate General of Foreign Trade (DGFT), has issued a notification no. 11/2015-2020 dated 23rd June, 2017 regarding amendment in export policy of Muli Bamboo and export policy for bamboo products. The contents of the said notification is as follows:
In exercise of the powers conferred by Section 3 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.02 of the Foreign Trade Policy, 2015-20, the Central Government hereby makes the following amendments, with immediate effect, in Chapter 14 of Schedule 2 of ITC(HS) Classification of Export & Import Items, as amended from time to time :
A. The existing entries against SI. No. 90, Chapter 14 of Schedule 2 of ITC(HS) Classification, shall be substituted as follows:
B. A new entry at SI. No. 90 B in Chapter 14 of Schedule 2 of ITC(HS) Classification, shall be added as follows:-
2. Effect of this notification:
Export of Muli Bamboo till 31.03.2019 and bamboo products (except bamboo charcoal, bamboo pulp and unprocessed bamboo shoots) made from bamboo obtained from legal sources has been permitted.