Specification of quantitative ceiling on export of Cotton Yarns for the Calendar year 2001 - DGFT - 51( RE-2000 ) / 1997-2002

Specification of quantitative ceiling on export of Cotton Yarns for the Calendar year 2001 PUBLIC NOTICE NO. 51( RE-2000 ) / 1997-2002 Dated 2nd JANUARY, 2001 . Attention is invited to the entry at Code No. 5205 in Table B of Schedule 2 and SL. No. 6 of Appendix -I to Schedule 2 in the book titled " ITC(HS) Classifications of Export and Import Items, 1997-2002 " specifying the terms and conditions for export of items indicated therein. 2. In exercise of the powers conferred under Paragraph 4.11 of the Export Import Policy, 1997-2002, (incorporating amendments made upto 31st March,2000) the Director General of Foreign Trade hereby specifies the quantitative ceiling for export of Cotton Yarn for the calender year 2001 as under :- 1) Ceiling of 500 million Kgs. for Cotton yarn of 1 to 40s counts. 2) Ceiling of 20 million Kgs. for hank yarn of 1 to 60s counts. 3) However, the following categories shall be exempted from the ceiling limits: Exports by 100% EOUs . However, exports by such units, having count restrictions, will be subject to the ceiling prescribed by the Ministry of Textiles. Exports under advance licence scheme. Exports based on cotton imported . Exports of EPCG units to the extent of meeting annualized export obligation. However, more than their obligation, if exported, will be debited to the ceiling. 1 Those EPCG units which are subject to restrictions pertaining to count/sourcing domestic cotton would be permitted to export cotton yarn without such restrictions upto 31st December, 2001 as long as such exports are also within the overall quantitative ceiling of 500 million Kgs. All exports against bilateral quotas. All exports of 41s and above counts; and Exports of processed yarn. 3. This will be effective from 1st January, 2001. 4. This issues in Public interest. ( N.L. LAKHANPAL ) Director General of Foreign Trade And Ex-officio Additional Secretary to the Govt. of India ------------------------------------- Note : 1. Has been added vide Public Notice No. 31 (RE-01) /1997-2002 dated 01-08-2001