Any good, the import or export of which is governed through exclusive or special privileges granted to State Trading Enterprise(s), may be imported or exported by the State Trading Enterprise(s) as specified in the ITC(HS) Classification of Export and Import Item Book  subject to the conditions specified therein. The Director General of Foreign Trade may, however, grant a licence to any other person to import or export any of these goods.

In respect of goods the import or export of which is governed through exclusive or special privileges granted to State Trading Enterprise(s), the State Trading Enterprise(s) shall make any such purchases or sales involving imports or exports solely in accordance with commercial considerations, including price, quality, availability, marketability, transportation and other conditions of purchase or sale. These enterprises shall act in a non discriminatory manner and shall afford the enterprises of other countries adequate opportunity, in accordance with customary business practice, to compete for participation in such purchases or sales.

Policy relating to import of wheat by Roller Flour Mills

Wheat import canalised through Food Corporation of India Ltd in the normal course However, State Trading Corporation (STC) and Project Equipment Corporation (PEC) are allowed to import wheat for Roller Flour Mills. The public notice on the subject is given below.

In suspersession of Public Notice No. 11(PN)97-02 Dated the 28th may, 1997 and in accordance with the nature of restriction No. (ii) indicated against S.No. 7 in Part III, Paragraph 15.3, Canalised items of the Negative List of Imports as contained in Export & Import Policy, 1997-2002 according to which wheat is permitted to be imported in accordance with a Public Notice issued in this behalf.

In pursuance to the above, the State Trading Corporation of India Limited (STC) and the Projects Equipments Corporation (PEC) are permitted to import wheat on behalf of Roller Flour Mills subject to the following conditions:

(i) The import should be for meeting the Roller Flour Mills' own requirements for milling purposes and sale of the resultant flour in the domestic market.

(ii) The import contract should b registered by the importing agency with Agricultural and Processed Food Products Export Development Authority (APEDA).

(iii) The imported wheat must be sold to the individual Roller Flour Mills on actual user condition.

[Ref: Public Notice No. 31 (PN)/97-02 dated 12th August 1997]