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Ban on cement exports goes

Economy Bureau

Posted: 2008-05-28 22:57:06+05:30 IST
Updated: May 28, 2008 at 2257 hrs IST

New Delhi, May 27: The government lifted the ban on cement exports by allowing shipments from Gujarat ports through which 90% of cement exports take place. “The existing ban on export of cement and cement clinkers shall not be applicable to export from Ports of Gujarat,” directorate general of foreign trade said in a notification. The notification added that the export ban on cement and cement clinker also shall not be applicable to export to Nepal and to supplies of cement from domestic tariff area (DTA) to units in SEZ or SEZ developers/co-developers only for use within the SEZ.

Commerce secretary GK Pillai said, easing of ban was more because Gujarat-based cement companies sell their products mostly in markets abroad than in the domestic market.

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