The Hindu : National : Wheat importers asked to declare stocks within a week

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Saturday, Sep 23, 2006
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Wheat importers asked to declare stocks within a week

Special Correspondent

NEW DELHI: Importers of wheat are required to declare to the Centre the particulars of wheat imported and received by them within seven days from the date of receipt of stocks; according to the Import of Wheat (Stock Declaration) Order 2006 notified by the Government on Tuesday.

As per the order, every importer would be required to submit a return by the 10th of every month about stocks of wheat imported, released and retained to the Central and State Governments. It also provides for submission of returns by Deputy Commissioners of Customs at every port on receipt of any cargo containing wheat imported into the country.

This order, however, does not apply to wheat imported by or on behalf of the Food Corporation of India for the Public Distribution System. Keeping in view the increasing trend in the open market prices of essential commodities such as wheat, pulses etc. in the recent past the Central Government had kept in abeyance the provisions allowing for removal of stock limits on foodstuffs (contained in orders dated February 15, 2002 and June 16, 2003) for a period of six months from August 29. This enables State Governments to impose suitable stock limits to check hoarding.

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