Amendment in the Schedule 2, Table B of ITC HS Classifications of Export and Import Items -Chapter 52

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....March, 2009), by inserting the following Chapter 52, S.No.161 A, with immediate effect, as under: - CHAPTER 52 S.No. Tariff Item Code Unit Item of Description Export Policy Nature of Restriction ^2[161A 5201   Cotton, not carded nor combed Free Prior registration of contracts with DGFT                           Prior registration of contracts with DGFT                 The contracts for export of cotton, during the Cotton Season 2010-11(up to 30.09.2011), shall have to be registered with the Directorate General of Foreign Tra....

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....acts for export of cotton yarn shall be registered with the Directorate General of Foreign Trade prior to shipment. Clearance of cotton yarn consignments shall be given by Customs after verifying that the contracts have been registered.]   5206  Kgs Cotton yarn (other than sewing thread), containing less than 85%  by weight of cotton not put up for retail sale       5207  Kgs Cotton yarn (other than sewing thread), put up for retail sale     ^3[2.1 Transitional arrangements allowed under Para 1.5 of the Foreign Trade Policy, 2009-2014, shall, in public interest, not be applicable to the restrictions imposed as above vide this notification.] ^4[3. The abov....

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....time to time. Further amended vide Notification No. 40 (RE-2010)/2009-14, dated 31/03/2011, before it was read as:- ^1[161B 5205   Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton not put up for retail sale Restricted ^1[Export permitted under licence subject to a quantity limit of 720 million Kgs during the Fiscal Year 2010-11 (i.e. upto 31.03.2011) or as notified by DGFT from time to time.]   5206   Cotton yarn (other than sewing thread), containing less than 85%  by weight of cotton not put up for retail sale       5207   Cotton yarn (other than sewing thread), put up for retail sale     2. Substitu....

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....t of cotton shall be registered with the Directorate General of Foreign Trade prior to shipment. During the Cotton Season, 2010 11(upto 30.09.2011) the export of cotton will be subject to a cap of 55 lakh bales or as notified by DGFT from time to time.  Clearance of cotton consignments by Customs should be after verifying that the contracts have been registered." Further Substituted vide Notification No. 62 (RE-2010)/2009-2014, dated 02/08/2011, before it was read as:- "The contracts for export of cotton shall be registered with the Directorate General of Foreign Trade prior to shipment. During the Cotton Season, 2010-11(upto 30.09.2011) the export of cotton will be subject to a cap of 65 lakh bales or as notified by DGFT from time ....