Export cap on cotton raised; registration of export contracts required prior to shipment under amended foreign trade policy. Requires prior registration of export contracts for cotton with the Directorate General of Foreign Trade before shipment and conditions Customs clearances on verification of such registration; raises the seasonal export cap to 65 lakh bales for Cotton Season 2010-11 while maintaining existing procedural and classification distinctions, with a separate registration procedure to be notified and no procedural change for cotton waste categories.
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Export cap on cotton raised; registration of export contracts required prior to shipment under amended foreign trade policy.
Requires prior registration of export contracts for cotton with the Directorate General of Foreign Trade before shipment and conditions Customs clearances on verification of such registration; raises the seasonal export cap to 65 lakh bales for Cotton Season 2010-11 while maintaining existing procedural and classification distinctions, with a separate registration procedure to be notified and no procedural change for cotton waste categories.
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