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Date: 31-03-2011
Notification No: DGFT NOTIFICATION No 40(RE-2010)/2009-2014
Issuing Authority: DGFT  
Type: Notification
File No: File No.01/91/180/1843/AM11/Export Cell
Subject: Removal of restriction on export of cotton yarn.

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

Notification No. 40 (RE-2010)/2009-14

New Delhi, Dated 31st March, 2011

Subject: Removal of restriction on export of cotton yarn.

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 amends Notification No. 14(RE-2010) dated 22.12.2010 relating to export of Cotton Yarn with effect from 01.04.2011.

  1. The entries of Table in Para 2 of Notification No. 14(RE-2010) dated 22.12.2010 will now read as follows:-
S. No.   Tariff Item Code   Unit   Item of Description   Export Policy   Nature of Restriction
161 B   5205   Kgs   Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton not put up for retail sale   Free   The contracts for export of cotton yarn shall be registered with the Directorate General of Foreign Trade prior to shipment. Clearance of cotton yarn consignments shall be given by Customs after verifying that the contracts have been registered.
   5206   Kgs   Cotton yarn (other than sewing thread), containing less than 85% by weight of cotton not put up for retail sale
   5207   Kgs   Cotton yarn (other than sewing thread), put up for retail sale
  1. The effect of this notification:-

The export of cotton yarn (Tariff Codes 5205, 5206 & 5207) was earlier “Restricted” with export allowed against license. Now, the export of cotton yarn is “Free” subject to registration of export contracts with DGFT.

(Anup K. Pujari)
Director General of Foreign Trade
E-mail: [email protected]
(Issued from File No.01/91/180/1843/AM11/Export Cell)

       

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