Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan
Notification No. 18 (RE-2010)/2009-14
New Delhi, Dated 24 January, 2011
Subject: Restriction on export of Cotton yarn- Exemption for export
of cotton yarn manufactured out of imported raw material- regarding.
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 makes the
following amendments in
Notification No. 14(RE-2010)/2009-14 dated 22.12.2010
read with
Notification No. 15(RE-2010)/2009-14 dated 29.12.2010.
- The following shall be exempted from the restriction imposed on export of
cotton yarn vide above notifications:
“Export of cotton yarn by manufacturers who manufacture and export cotton yarn
exclusively out of imported raw cotton shall be exempted from the restriction
imposed on export of cotton yarn vide above notifications, subject to a
certificate from the jurisdictional Central Excise Authority certifying that the
yarn has been manufactured exclusively out of the imported raw cotton.”
- Export of such consignment should be allowed by the customs after verifying
that certificate to the above effect has been issued by the competent
jurisdictional Central Excise Authority.
- The effect of this notification:-
The manufacturers who manufacture and export cotton yarn out of the imported
raw cotton shall be exempted from the restriction imposed on export of cotton
yarn.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: [email protected]
(Issued from File No.01/91/180/1843/AM11/Export Cell)