Quantity restriction of 720 million Kg on export of cotton yarn during 2010-11. - 31(RE-2010)/2009-14 - Foreign Trade Policy

To be published in the Gazette of India Extraordinary Part 2 Section 3 Sub-Section(ii) Government of India Ministry of Commerce Industry Department of Commerce Udyog Bhawan Notification No. 31(RE-2010)/2009-14 New Delhi , dated 10th March,2011 Subject: Quantity restriction of 720 million Kg on export of cotton yarn during 2010-11. 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. 2. The existing entries in the column Nature of Restriction against Sl. No. 161 B of Notification No. 14(RE-2010)/2009-14 dated 22.12.2010 is substituted as follows with immediate effect: Export permitted under licence subject to a quantity limit of 720 million Kgs during the Fiscal Year 2010-11 (i.e. upto 31.03.2011) or as notified by DGFT from time to time. 3. The effect of this notification:- The export of cotton yarn (Tariff Codes 5205, 5206 5207) was allowed under licence. Now, issue of export licences for cotton yarn will be subject to a limit of 720 million Kgs during the fiscal year 2010-11 (i.e. upto 31.03.2011). (Anup K. Pujari) Director General of Foreign Trade (Issued from File No.01/91/180/1843/AM11/Export Cell)