Compulsory registration of cotton yarn export contracts - regarding - 38/2009-2014 - Foreign Trade Policy

[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 Notification No. 38/2009-2014 New Delhi, Dated 9th April, 2010 Subject: Compulsory registration of cotton yarn export contracts - 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 1.3 and 2.1 of the Foreign Trade Policy, 2009-14 , and also read with Notification No. 26 (RE 2008)/2004-09 dated 22.7.2008 the Central Government hereby makes the following amendments in the Schedule 2, Table B of ITC HS Classifications of Export and Import Items by inserting S.No.161B, in Chapter 52, immediately after 161A, with immediate effect, as under: - S.No. Tariff Item Code Unit Item of Description Export Policy Nature of Restriction 1 161B 5205 Kgs Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton not put up for retail sale Free The contracts for export of cotton yarn shall be registered with the Directorate General of Foreign Trade prior to shipment. Clearance of cotton yarn consignments shall be given by Customs after verifying that the contracts have been registered. ] 5206 Kgs Cotton yarn (other than sewing thread), containing less than 85% by weight of cotton not put up for retail sale 5207 Kgs Cotton yarn (other than sewing thread), put up for retail sale 2. This issues in public interest. Sd/- (R.S. GUJRAL) Director General of Foreign Trade And Ex-Officio Special Secretary to the Govt. of India (Issued from File No.01/91/180/1194/AM10/Export Cell) ------------------------------------------------- Notes:- 1. Substituted vide Notification No. 14(RE-2010)/2009-14, dated 22/12/2010, before it was read as:- S.No. Tariff Item Code Unit Item of Description Export Policy Nature of Restriction 161B 5205 Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton not put up for retail sale Free The contracts for export of cotton yarn shall be registered with the Textile Commissioner prior to shipment. Clearance of cotton yarn consignments shall be given by Customs after verifying that the contracts have been registered. 5206 Cotton yarn (other than sewing thread), containing less than 85% by weight of cotton not put up for retail sale 5207 Cotton yarn (other than sewing thread), put up for retail sale Further Substituted vide Notification No. 14(RE-2010)/2009-14, dated 22/12/2010 the existing entries in the column Nature of Restriction against Sl. No. 161 B, before it was read as:- Export permitted under licence Amended vide Notification No. 31(RE-2010)/2009-14, dated 10/03/2011 by DGFT from time to time. Further Substituted vide Notification No.40 (RE-2010)/2009-14, dated 31/03/2011, before it was read as:- 1 [S.No. Tariff Item Code Unit Item of Description Export Policy Nature of Restriction 161 B 5205 Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton not put up for retail sale Restricted Export permitted under licence subject to a quantity limit of 720 million Kgs during the Fiscal Year 2010-11 (i.e. upto 31.03.2011) or as notified by DGFT from time to time. ] 5206 Cotton yarn (other than sewing thread), containing less than 85% by weight of cotton not put up for retail sale 5207 Cotton yarn (other than sewing thread), put up for retail sale