Clarification regarding standard weight and tolerance in weight of 1 bale of cotton.
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....3 issued on 4^th May, 2012 deals with registration of contracts for export of cotton. Para 2(iii) of this notification clearly mention that 1 bale = 170 kgs. [ Thus 1 standard bale would be of 170 Kg weight] 2. It has been brought to our notice that some exporters find it convenient to have bales of lesser weight, and also that various bales....
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....nbsp; If the bales are non-standard, then it would be important to watch the weight which must not exceed 1.7 MT irrespective of the number of such non-standard bales. (ii) RC holders who are found to have defaulted in exporting the quantity allowed would be liable for penal action as mentioned in Policy Circular No. 51 dated 28.12.2011. Here critical ....
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