FTP - Registration Certificates for Export of Cotton - Revived
THE issue of Registration Certificates for export of cotton was suspended on 12.03.2012. This suspension is withdrawn with immediate effect.
The registration will be subject to the following conditions:
(i) Registration Certificates (RCs) will be issued by the 7 designated Regional Authorities of DGFT at Ahmedabad, Bengaluru, Chennai, CLA New Delhi, Hyderabad, Kolkata and Mumbai.
(ii) Procedure of obtaining Registration Certificate (RC) as stipulated in Notification No. 63(RE-2010)/2009-14 dated 04.08.2011 and modified by Notification No. 74(RE-2010)/2009-14 dated 12.09.2011 will continue to apply.
(iii) An exporter can apply for one RC at a time for a maximum quantity of 10,000 bales (1 bale=170kg) or actual quantity exported in the current cotton season, whichever is less. Exporters who have exported upto 1500 bales during current cotton season and new comers (a new comer is an exporter who has not exported cotton in the current cotton season) can apply “upto 1500 bales”. Eligibility to apply for a subsequent RC will be on completion of at least 50% of the exports against the RC obtained now under this notification (exporters would be required to submit the documentary proof of such exports to the concerned RAs alongwith the application for issue of new RC).
(iv) For ease of calculation, RC holders are encouraged to apply in next higher multiples of 10. (For example, an exporter who has exported 1387 bales during current cotton season is encouraged to apply for 1390 bales).
(v) The revalidation of Registration Certificates will not be permitted as mentioned in para 3 of Public Notice No. 102 of 16th March 2012.
DGFT Notification No. 113 (RE-2010)/2009-14 , Dated: May 04, 2012