PUBLIC NOTICE NO. 59 (RE-2001)/1997-2002, Dt. 03/01/2002
Re-export of Cotton Yarn
In exercise of the powers conferred under Para 4.11 of the Export & Import Policy, 1997-2002, (incorporating amendments made upto 31st March, 2001) the Director General of Foreign Trade hereby makes the following amendments in the ITC(HS)Classification of Export and Import items (incorporating amendments made upto 31st August,1998) and as amended from time to time :-
1.
Table B of Schedule 2:
(a) Existing Entry
| Code | Item Description | Policy | Nature of restriction |
|---|
| (1) | (2) | (3) | (4) |
|---|
| 5205 | Cotton Yarn | Free | (a) Quantitative ceilings as may be notified by DGFT from time to time;
(b) Certificate from the Cotton Textiles Export Promotion Council, and
(c) Fulfillment of the hank yarn obligation as determined by the Textile Commissioner. |
(b) Amended Entry
| 5205 | Cotton Yarn | Free | Deleted |
(c) Effect of Amendment
The restrictions shown at Column 4 in respect of item at Code No. 5205 have been deleted. Cotton Yarn is free for exports without any restrictions in so far as ITC(HS)Classification of Export & Import is concerned.
2.
Appendix 1 to Schedule 2
(a) Existing Entry
| S.No. | Item | Exports allowed on the fulfillment of following condition/production of documents. |
|---|
| 6 | Cotton Yarn | (a) Quantitative Ceilings as may be notified by DGFT from time to time.
(b) Certificate from the Cotton Textiles Export Promotion Council. |
(b) Amended Entry
(c) Effect of Amendment
The entry at S.No. 6 in above Appendix has been deleted altogether. Cotton Yarn is free for exports without any conditionality in so far as ITC (HS) Classification of Export & Import is concerned.
2. The above amendments will be effective from 1.1.2002.
3. This issues in public interest.
(N.L. Lakhanpal)
Director General of Foreign Trade
Copy to all concerned, by order etc.
(A.K. Srivastava)
Dy. Director General of Foreign Trade
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