Export registration requirement for Assam Comilla cotton: contracts must be registered and shipments completed within the prescribed timeframe. Export of Assam Comilla Cotton is permitted only on registration of export contracts with DGFT; applicants must file to RA Guwahati the export contract, either an irrevocable LC authenticated by an Indian bank or bank proof of advance payment, a prescribed declaration, and IEC. For countries other than Japan, proof of past exports to the destination is required. Where documents are in order the RA issues a Registration Certificate, shipments must be completed within the prescribed period and proof of export furnished; non-performance triggers debarment and penal action under the Foreign Trade Act.
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Export registration requirement for Assam Comilla cotton: contracts must be registered and shipments completed within the prescribed timeframe.
Export of Assam Comilla Cotton is permitted only on registration of export contracts with DGFT; applicants must file to RA Guwahati the export contract, either an irrevocable LC authenticated by an Indian bank or bank proof of advance payment, a prescribed declaration, and IEC. For countries other than Japan, proof of past exports to the destination is required. Where documents are in order the RA issues a Registration Certificate, shipments must be completed within the prescribed period and proof of export furnished; non-performance triggers debarment and penal action under the Foreign Trade Act.
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