| Date: |
03-01-2002
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| Notification No: |
DGFT Public Notice No 59/2002
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| Issuing Authority: |
DGFT
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| Type: |
Public Notice
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| File No: |
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| Subject: |
Amendment in Export Policy
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Amendment in Export Policy
Public Notice No. 59 dated 3rd January 2002
In exercise of the powers conferred under Para 4.11 of the Export and Import Policy, 1997-2002 (incorporating amendments made up to 31st March, 2001), the Director General of Foreign Trade hereby makes the following amendments in the ITC (HS) Classification of Export and import items, (incorporating amendments made up to 31st August, 1998) and as amended from time to time:
1. Table B of Schedule 2:
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(a) Existing Entry
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Code
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Item description
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Policy
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Nature of restriction
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1.
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2.
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3.
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4.
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5205
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Cotton Yarn
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Free
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(a) Quantitative ceilings as may be notified by DGFT from time to time;
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(b) Certificate from the Cotton Textiles Export Promotion Council, and
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(c) Fulfillment of the hank yarn obligation as determined by the Textile Commissioner.
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(b) Amended Entry
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5205
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Cotton Yarn
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Free
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Deleted
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(c) Effect of Amendment
The restrictions shown at Column 4 in respect of item at Code No. 5205 have been deleted. Cotton Yarn is free for exports without any restrictions insofar ITC (HS) Classification of export and import is concerned.
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2. Appendix 1 to Schedule 2:
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(a) Existing Entry
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S. No.
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Item
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Exports allowed on the fulfillment the following condition/ production of documents
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6
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Cotton Yarn
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(a) Quantitative Ceilings as may be notified by DGFT from time to time.
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(b) Certificate from the Cotton Textiles Export Promotion Council.
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(b) Amended Entry
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6
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Deleted
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Deleted
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(c) Effect of Amendment
The entry at Sl No. 6 in above Appendix has been deleted altogether. Cotton Yarn is free of exports without any conditionality insofar as ITC (HS) Classification of Export and Import is concerned.
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2. The above amendment will be effective from 1-1-2002.
3. This issues in public interest.
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