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 has decided to allow export of cotton by The Cotton Corporation of India Ltd., a Public Sector Undertaking under Ministry of Textiles, during the current cotton season 2012-13 under Tariff Item HS code 5201 & 5203 [ Sl. Nos. 197 & 199 of ITC(HS) Classification of Export & Import Items].

2. The conditions stipulated for issue of RC as mentioned in para 2(ii) of Notification No 26 dated 30th November, 2012 and condition at para 2 (ii) of Notification No 17 dated 1st October, 2012 will not apply to grant of RC for export of cotton by Cotton Corporation of India. The stipulation regarding Procedure for Reporting in Notification No. 63 dated 04.08.2011 will continue to apply.

3. Effect of this notification:

Certain conditions regarding export of cotton have been relaxed for The Cotton Corporation of India Ltd., a Public Sector Undertaking under Ministry of Textiles, during the current cotton season 2012-13.
 

(Anup K. Pujari)

Director General of Foreign Trade
e-mail: dgft[at]nic[dot]in

(Issued from F.No.01/91/180/1194/AM10/Export Cell)