Export Duty on Cotton yarn? Where is Notification?
WE hear that the government has imposed an export duty of Rs. 2500/- per tonne on exports of cotton yarn. It seems this duty was imposed on 9 th April, 2010 and to this day, nobody in the world has a copy of the notification! It is really strange that the CBEC is shy of releasing its notifications in the public domain. Are we in the medieval period?
I will be happy to apologise if there is no such notification, but if there is one, what is the justification for hiding it from public view especially if the levy is effective from 09.04.2010?
We hope to bring you the notification later in the day.