Cotton Waste Exports Free – Registration of Contracts not Required

[DGFT Notification No. 78 dated 10th October 2011]

Subject: Policy for export of cotton waste including yarn waste and garneted stock [ITC (HS) Code 5202] with effect from 1st October, 2011.

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 ITC (HS) Code 5202 at Sl. No. 161 A

[ITC(HS) Classification] in the Notification No. 12(RE-2010)/2009-14 dated 16.12.2010 read with Notification No. 58(RE-2010)/2009-14 dated 01.07.2011 :-

2.  The entries against ITC(HS) Code 5202 at Sl. No. 161 A in Chapter 52 of ITC(HS) Classification are substituted as follows:-

Chapter 52

S. No.

Item Tariff Code

Unit

Item Description

Export Policy

Nature of Restriction

161 A

5202

Cotton Waste including yarn waste and garnetted stock

Free

3.  This will come into effect from 01.10.2011.

4.   Effect of this notification:

Export of cotton waste [ITC(HS) Code 5202 ] will continue to be free. Registration of contracts for cotton waste is not required now.