The Presidents/ CEOs,
All Banks.

Dear Sirs/ Madam,

Export Finance Scheme (EFS) – Negative List

Please refer to BPD Circular No. 05 dated February 24, 2003 on the captioned subject.

2. The serial No.8 regarding All Grains Including Grains Flour of the Negative List issued vide above referred Circular has been amended with immediate effect which may be read as under:-

Sr.No.	Commodity	Harmonized Code	Remarks
8.	All Grains including Grain Flour	10.01 10.02 10.03 10.04 10.05 10.06 10.07 10.08 11.01 11.02 11.03 11.04 11.06	(Excluding Packeted Irri /Basmati / Parboiled / White/Brown/Broken Rice in retail packets of 1-50 kgs). Moreover, the export of Brown Rice in bulk/lose is eligible to European Countries under EFS Part-I against L/Cs only.

Accordingly export of broken rice will also be eligible for refinance facility under the Export Finance Scheme.