Cotton and Cotton Yarn Export Contract Registration with DGFT Dropped

Subject: Amendment in export policy of cotton.

[DGFT Notification 102(RE-2013)/2009-14 dated 08 December 2014]

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-14, as amended, the Central Government hereby makes, with immediate effect, the following amendments in respect of Sl. No. 197 & 199 of Chapter 52 of Schedule 2 of ITC (HS) Classification of Export & Import Items:-

2. The existing entries stipulated against Sl. No. 197 & 199 in Chapter 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items are substituted as follows:-

Chapter 52

Cotton

S. No.

Tariff Item Code

Unit

Item of Description

Export Policy

Nature of Restriction

197

5201

 

Cotton neither carded nor combed

Free

 

199

5203

 

Cotton, carded or combed

Free

 

3. The effect of this notification:-

The registration requirement for export of cotton (Tariff Codes 5201 & 5203) has been dispensed with.

 

Subject: Amendment in export policy of cotton yarn.

[DGFT Notification 103(RE-2013)/2009-14 dated 08 December 2014]

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2009-14, as amended, the Central Government hereby makes, with immediate effect, the following amendments in respect of Sl. No. 200, 201 & 202 of Chapter 52 of Schedule 2 of ITC (HS) Classification of Export & Import Items:-

2. The existing entries stipulated against Sl. No. 200, 201 & 202 in Chapter 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items are substituted as follows:-

 

Chapter 52

Cotton

S. No.

Tariff Item Code

Unit

Item of Description

Export Policy

Nature of Restriction

200

5205

Kgs

Cotton yarn (other than sewing thread), containing 85% or more by weight or cotton not put up for retail sale

Free

 

201

5206

Kgs

Cotton yarn (other than sewing thread), containing less than 85% by weight or cotton not put up for retail sale

Free

 

202

5207

Kgs

Cotton yarn (other than sewing thread), put up for retail sale

Free

 

3. The effect of this notification:-

The registration requirement for export of cotton yarn (Tariff Codes 5205, 5206 & 5207) has been dispensed with.