NOTIFICATION NO. 14/2010, DT. 22/12/2010
Restriction on export of cotton yarn
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 respect of Sl. No. 161 B {ITC(HS) Classification} in the Notification No. 38/2009-14 dated 09.04.2010.
2. The existing entries of
Notification No. 38/2009-14 dated 09.04.2010 are substituted as follows with effect from 01.12.2010:-
| S. No. | Tariff Item Code | Unit | Item of Description | Export Policy | Nature of Restriction |
| 161 B | 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 |
(Above SL.NO. 161B has been amended vide
NTF. NO. 40/2010, DT. 31/03/2011)
[OLD-| 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 | 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.
[OLD- Export permitted under licence.] |
| 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 ] |
(In above table column 6 has been substituted vide
NTF. NO. 31/2010, DT. 10.03.2011)
3. Transitional Arrangement :-
(i) The Transitional Arrangements as available under para 1.4 & 1.5 of FTP, 2009-14 will not be applicable to the export of Cotton Yarn, under this notification.
(ii) However, Exporters who have obtained Registration Certificate from Textile Commissioner, Mumbai on or before 1st December, 2010
[OLD- before 1st December, 2010] would be permitted to export Cotton Yarn within the quantity limit for which such registration certificate has been issued and within the validity of such registered contract.
(In above 3(ii), the phrase "on or before 1st December, 2010" has been ameneded vide
NTF. NO. 15/2010, DT. 29/12/2010 - The exporters who have obtained Registration Certificate from Textile Commissioner, Mumbai on 1st December, 2010 would also now be permitted to export Cotton Yarn. Earlier notification of 22.12.2010 permitted such exporters who would have got RC before 1st December, 2010. Other conditions like quantity limit of RC so issued, validity of RC will remain the same.)
(iii If the validity of such registered contract has expired then the registered contract holder will have no right to export under such registered contract.
4. The effect of this notification:-
The export of cotton yarn (Tariff Codes 5205, 5206 & 5207) was earlier subject to registration of export contracts with Textile Commissioner, Mumbai. Now, the export of cotton yarn has been restricted and export will now be permitted under licence.
(Pl. refer
NTF. No. 18/2010, DT. 24/01/2011 - Restriction on export of Cotton yarn- Exemption for export of cotton yarn manufactured out of imported raw material- regarding)
Sd/-
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in
(Issued from File No.01/91/180/1194/AM10/Export Cell)
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