N 106/2012 (RE-10) IN FORCE 2012-03-12

N 106/2012 (RE-10)

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pdfcrowd.com PRO version Are you a developer? Try out the HTML to PDF API To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii) 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

pdfcrowd.com PRO version Are you a developer? Try out the HTML to PDF API & exports completed. All RCs would need to be submitted to DGFT for scrutiny and revalidation. Exports can be effected only after RCs are revalidated.

  1.     Issue of new RCs stands suspended until further orders.
    
  2.     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: dgft@nic.in (Issued from F.No.01/91/180/1194/AM10/Export Cell)

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