November 28, 2022

The Customs Division has requested Adani Ports and Particular Financial Zone (APSEZ) to “re-examine” its resolution to cease dealing with export-import (EXIM) containerised cargo originating from Iran, Afghanistan and Pakistan at its ports from November 15.

“Unilateral” resolution

“The advisory (issued by APSEZ) bears an antagonistic influence on EXIM commerce of the nation and (is) opposite to the coverage of the Authorities of India,” the Customs Division wrote in a November 10 communication to APSEZ following representations from commerce that the choice was taken “unilaterally”.

BusinessLine has reviewed a duplicate of the letter.

“Such restrictions of port particular import will be imposed solely by the competent authority like Directorate Basic of Overseas Commerce,” it stated whereas asking APSEZ to “re-examine” the difficulty and make insurance policies for facilitating EXIM commerce in consonance with the insurance policies of the federal government.

Govt permission required

A Customs division official stated that port authorities, each State-owned and personal, are “not competent” to take such selections. It requires authorities permission.

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“Port authorities can’t prohibit anyone. That must be completed by the Authorities of India. All such restrictions need to be imposed by the DGFT,” he stated.

Apart from, India’s EXIM commerce, the Iran Chamber of Commerce, Industries, Mines and Agriculture additionally urged Indian authorities to reverse the choice taken by APSEZ.

Insignificant quantity

APSEZ stated that the self-imposed restriction on dealing with export-import containerised cargo originating from Iran, Afghanistan and Pakistan wouldn’t damage its enterprise.

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“In the entire 12 months, we’ve dealt with about 2,596 containers from Iran. Contemplating the APSEZ container profile, and particularly with relation to Mundra, that is a particularly insignificant quantity that we deal with,” Subrat Tripathy, CEO, APSEZ Ports Vertical, informed analysts throughout the second quarter earnings name.

“Equally, from Pakistan itself, we had dealt with nearly 444 containers in H1 which is extraordinarily negligible,” Tripathy added.

Drug bust at Mundra

APSEZ’s transfer to limit dealing with container cargo originating from Iran, Afghanistan and Pakistan got here within the wake of an enormous drug haul at its flagship Mundra Port in September.

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On September 16, the Directorate of Income Intelligence seized 2,988.21 kg of heroin at Mundra Port. The heroin was present in two containers declared as filled with ‘semi processed talc stones’ that originated from Afghanistan and had been shipped to Mundra through the Bandar Abbas port in Iran.

The case is being pursued by the Nationwide Investigation Company.

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