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Restriction on export of Cotton yarn- Exemption from the quantity ceiling of 720 million Kg for export of (i) cotton yarn manufactured out of imported raw cotton (ii) cotton yarn by 100% EOUs and (iii) Value Added Special Yarn and Technical Yarn upto 31.03.2011

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....re its export is now permitted under licence to be issued by DGFT.  Vide Policy Circular No. 07(RE-2010)/2009-14 Dated: 22.12.2010, it was informed that the Government has put a quantity ceiling of 720 million Kgs. for export of cotton yarn during the year 2010-11(i.e. upto 31.03.2011).  2.       Subsequently, through Notification  No. 18(RE-2010)/2009-14 of 24.01.2011, export of cotton yarn by manufacturers who manufacture and export cotton yarn exclusively out of imported raw cotton was exempted from  the restriction imposed on export of cotton yarn subject to a certificate from the jurisdictional Central Excise Authority certifying that the yarn has been manufactured exclusively o....