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}.
- 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 |
- 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.
- Issue of new RCs stands suspended until further orders.
- 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)