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of <h1>India Amends Foreign Trade Policy to Regulate Cotton Exports; Requires DGFT Registration Before Shipment</h1> The Government of India issued an amendment to the Foreign Trade Policy, effective from November 1, 2010, regarding the export of cotton and cotton waste under tariff codes 5201, 5202, and 5203. The amendment mandates the prior registration of export contracts with the Directorate General of Foreign Trade (DGFT) before shipment. During the 2010-11 cotton season, exports were capped at 65 lakh bales, subject to DGFT notifications. Customs clearance for cotton consignments required verification of contract registration. The policy aimed to regulate cotton exports, ensuring compliance with the stipulated conditions.
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