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) 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.” (Anup K. Pujari) |