FTP - Procedure and conditions for registration of contracts for export of cotton
GOVERNMENT has amended the procedure and conditions for registration of contracts for export of cotton under Tariff Item HS code 5201 & 5203 [ Sl. Nos. 197 & 199 of ITC(HS) Classification of Export & Import Items] as stipulated in Notification No. 17 of 1st October, 2012, with immediate effect.
Maximum limit for obtaining RC has been increased to 30,000 bales. Multiple RCs can be applied within this eligibility. RAs Ludhiana, Rajkot and Vishakhapatnam have also been designated for issue of RCs for export of cotton. RC quantities will be in MTs. Other conditions stipulated in Notification No. 17 dated 1st October, 2012 remain.
DGFT Notification No. 26/(RE - 2012)/2009-2014, Dated: November 30, 2012