Export registration requirement for cotton waste: contracts must be registered and shipments completed within the prescribed period to avoid penalties. Export of cotton waste (ITC(HS) Code 5202) is free but subject to registration of export contracts with DGFT Regional Authorities; applicants must submit the export contract with proof of payment (irrevocable LC, full advance remittance evidence, or minimum advance with CAD), a signed Declaration/Undertaking, and copy of IEC. Shipments must be completed within the prescribed period and proof of export furnished to the RA, failing which debarment and penal action under the Foreign Trade (D&R) Act may follow.
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Export registration requirement for cotton waste: contracts must be registered and shipments completed within the prescribed period to avoid penalties.
Export of cotton waste (ITC(HS) Code 5202) is free but subject to registration of export contracts with DGFT Regional Authorities; applicants must submit the export contract with proof of payment (irrevocable LC, full advance remittance evidence, or minimum advance with CAD), a signed Declaration/Undertaking, and copy of IEC. Shipments must be completed within the prescribed period and proof of export furnished to the RA, failing which debarment and penal action under the Foreign Trade (D&R) Act may follow.
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