18(RE-2010)/2009-14, Dated: 24/01/2011
 

Restriction on export of Cotton yarn- Exemption for export of cotton yarn manufactured out of imported raw material- regarding

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
Udyog Bhawan
 
Notification No. 18(RE-2010)/2009-14
New Delhi, Dated 24 January, 2011
 
Subject: Restriction on export of Cotton yarn- Exemption for export of cotton yarn manufactured out of imported raw material- 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 2.1 of the Foreign Trade Policy, 2009-14, the Central Government hereby makes the following amendments in Notification  No. 14(RE-2010)/2009-14 dated 22.12.2010 read with Notification  No. 15(RE-2010)/2009-14 dated 29.12.2010. 

2.         The following shall be exempted from the restriction imposed on export of cotton yarn vide above notifications:              

“Export of cotton yarn by manufacturers who manufacture and export cotton yarn exclusively out of imported raw cotton shall be exempted from  the restriction imposed on export of cotton yarn vide above notifications, subject to a certificate from the jurisdictional Central Excise Authority certifying that the yarn has been manufactured exclusively out of the imported raw cotton.”
 
3.     Export of such consignment should be allowed by the customs after verifying that certificate to the above effect has been issued by the competent jurisdictional Central Excise Authority. 
 
 4.        The effect of this notification:-
        
 The manufacturers who manufacture and export cotton yarn out of the imported raw cotton shall be exempted from the restriction imposed on export of cotton yarn.          
 

 (Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in
 
 
(Issued from File No.01/91/180/1843/AM11/Export Cell)
 

What We Do

Our Services

Direct Taxes

All areas of taxation : Personal Tax, Corporate Tax. | Suggesting legal structure of business entities. | Transactional advisory - optimal deal structure | T

Indirect Taxes

Advising client on establishment of indirect tax management system, in all areas i.e. GST Audit, Customs, Foreign Trade P

Auditing and Assurance Service

We are blessed with team of qualified chartered accountants highly efficient in auditing and assurance services. Our wide range of services are aimed for financial sta

Accounting Services

We offer highly efficient accounting services which are provided by us for our local, national and international clients. We also offer design, implementation and revi

Societies and Trust Consultanc

We are engaged in providing societies and trust consultancy to our clients. Our wide range of services include formation, registration U/s

Company Law Matters Consultanc

Every company according to the India law need to register with the registrar of companies and it is also necessary with documents for vari

CONSULTATION

Client Login

CONSULTATION

ASK A QUERY

verification image, type it in the box Refresh Captcha