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Date: 12-03-2012
Notification No: DGFT Notification No 106(RE-2010)/2009-2014
Issuing Authority: DGFT  
Type: Notification
File No: F.No.01/91/180/1194/AM10/Export Cell
Subject: Removal of Prohibition on export of cotton (Tariff Codes 5201 and 5203).

Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan

Notification No. 106 (RE-2010)/2009-14

New Delhi, Dated 12th March, 2012

Subject:- Removal of Prohibition on export of cotton (Tariff Codes 5201 and 5203)

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 withdraws the Notification No. 102 (RE-2010)/2009-14 dated 05.03.2012 and makes the following amendments with immediate effect in respect of Sl. No. 161 A {ITC(HS) Classification}.

  1.  The entries against Sl. No. 161 A in Chapter 52 of ITC(HS) Classification} will be as follows:-

Chapter 52

 

S. No.   Item Tariff Code   Unit   Item Description   Export policy   Nature of Restriction
161 A   5201      Cotton, not carded nor combed   Free   Prior registration of contracts with DGFT
   5203      Cotton, carded or combed   Free   Prior registration of contracts with DGFT
  1. Procedure of obtaining Registration Certificate (RC) was notified in Notification No. 63 (RE-2010)/2009-14 dated 04.08.2011 and modified by Notification No. 74 (RE-2010)/2009-14 dated 12.08.2011. Time to export (validity of RC) was “30 days from issue of RC”. Because of prohibition imposed by Notification No. 102 (RE-2010)/2009-14 dated 05.03.2012, this time limit may require to be extended in respect of those RCs, that were valid as on 05.03.2012 and for which LEOs are yet to be issued & exports completed. All RCs would need to be submitted to DGFT for scrutiny and revalidation. Exports can be effected only after RCs are revalidated.

  2. Issue of new RCs stands suspended until further orders.

  3. Policy Circular No. 58 dated 09.03.2012 covers those RCs for which LEOs have been issued.

(Anup K. Pujari)
Director General of Foreign Trade
e-mail: [email protected]
(Issued from F.No.01/91/180/1194/AM10/Export Cell)

       

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