Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
Notification No. 57 (RE-2010)/2009-14
New Delhi, dated 9th June, 2011
Subject: Quantity restriction of 65 lakh bales on export of cotton during Cotton
Season, 2010-11.
S.O. (E) In exercise of the powers conferred by Section 5 of the Foreign Trade
(Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the
Foreign Trade Policy, 2009-14, the Central Government hereby amends the “Nature
of Restriction” as appearing in para 2 of
Notification No. 32(RE-2010)/2009-14
dated 14.03.2011 read with
Notification No. 12(RE-2010)/2009-14 dated
16.12.2010, as under:.
“Nature of Restriction”
“The contracts for export of cotton shall be registered with the Directorate
General of Foreign Trade prior to shipment. During the Cotton Season,
2010-11(upto 30.09.2011) the export of cotton will be subject to a cap of 65
lakh bales or as notified by DGFT from time to time. Clearance of cotton
consignments by Customs should be after verifying that the contracts have been
registered.”
- The effect of this notification:-
Cap on export of cotton during the current Cotton Season is increased to 65 lakh
bales from 55 lakh bales as was notified earlier. Other conditions remain
unchanged.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: [email protected]
(Issued from File No.01/91/180/1194/AM10/Export Cell)