CBEC Asks Field Formations to Enforce Export Ban on Cotton, Report of Pending Consignments in Customs Custody Sought

[CBEC Circular No. 06 dated 6^th March 2012]

Subject: Ban on export of Cotton (Tariff Code 5201 and 5203).

Attention is invited to DGFT RE Notification No.102 (RE-2010)/2009-14 dated 5^th March, 2012 amending Notification no. 74(RE-2010)/2009-14 dated 12-09-2011 imposing ban on export of cotton (Tariff code 5201 and 5203). Accordingly –

(i) Export of cotton [ITC(HS) Codes 5201 & 5203] has been prohibited till further orders.

(ii) Transitional arrangements will not be applicable for the export of cotton.

(iii) Export against registration certificates already issued will also not be allowed.

2. Considering the sensitivity of the issue the Board desires that the field formations should strictly monitor the conditions imposed by DGFT in the above notification with immediate effect.

3. It is also requested to provide the details of all the consignments of export of Cotton handed over to Customs for export as of 2400 hrs. on 04-03-2012. This report is required positively by 07-03-2012.

4. Suitable instructions may accordingly be given to the field formations.

F. No. 524/19/2012-STO (TU)