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.