Registration Certificate (RC) for Export of Cotton - Central Government notifies the modalities and procedure for obtaining Registration Certificate (RC) effected from 01.08.2011. - 63 (RE-2010)/2009-2014 - Foreign Trade Policy
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Registration Certificate for export of cotton requires bank guarantee, prescribed payment proof and strict export validity and reporting obligations. Export of cotton (ITC HS 5201 & 5203) requires a Registration Certificate from designated Regional Authorities, subject to non inclusion on the Denied Entities List, submission of a prescribed performance Bank Guarantee and specified proof of payment (LC or advance payment/FIRC or partial advance with CAD), and accompanying IEC copy. The RC carries a short export completion validity; failure to export the full quantity within that period (subject to limited tolerance) leads to forfeiture of the Bank Guarantee, debarment from future RCs and initiation of penal action. Holders must send immediate consignment reports on LEO and a consolidated shipping report thereafter.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration Certificate for export of cotton requires bank guarantee, prescribed payment proof and strict export validity and reporting obligations.
Export of cotton (ITC HS 5201 & 5203) requires a Registration Certificate from designated Regional Authorities, subject to non inclusion on the Denied Entities List, submission of a prescribed performance Bank Guarantee and specified proof of payment (LC or advance payment/FIRC or partial advance with CAD), and accompanying IEC copy. The RC carries a short export completion validity; failure to export the full quantity within that period (subject to limited tolerance) leads to forfeiture of the Bank Guarantee, debarment from future RCs and initiation of penal action. Holders must send immediate consignment reports on LEO and a consolidated shipping report thereafter.
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