GOVERNMENT OF INDIA
MINISTRY OF TEXTILES
OFFICE OF THE TEXTILE COMMISSIONER
POST BAG NO. 11500, MUMBAI - 400 020
Tele-Fax No: 022 – 22002495
Website:www.texmin.nic.in; www.txcindia.gov.in
E-mail- jtcbap@gmail.com; textilecom@hotmail.com
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No.1/162/2010/Cotton/Vol.IV/357 Dated: 19th April, 2010
P R E S S N O T E
Sub : Submission of registration of Export contracts, prior to shipment of Raw Cotton (Lint) - Tarrif item code 5201, Cotton Waste (including yarn waste and garnetted stock) - Tarrif item code 5201, Cotton carded or combed - Terrif item code 5203 with effect from 19.04.2010
Pursuant to the Inter- Ministerial meeting on steep increase in prices of cotton etc, the Government have decied that the registration of Export contracts prior to shipment of Raw Cotton (Lint) - Tarrif item code 5201, Cotton Waste (including yarn waste and garnetted stock) - Tarrif item code 5202 and Cotton carded or combed - Tarrif item code 5203 - allowed so far under Ministry of Commerce and Industry notification No.26 (RE-2008)/2004-09 dated 22.07.2008, shall now be suspended with effect from 19.04.2010 till further orders. Consequently, the procedure prescribed under the Textile Commissioner's Memorandum-I bearing No. 1/162/2008/cotton/131 dated 26.07.2008, as amended vide corrigendum of even No. 44 dated 10.10.2008 on the subject of registration of export contracts, is hereby kept in abeyance till further orders.
The suspension of registration of export contracts shall extend to the applications for registration in pipeline in the office of Textile Commissioner, Mumbai for which Export Authorisaiton Registration Certificate (EARC) have not been issued. The EARC's issued prior to the closing hours of 19.04.2010 and having valid shipment period with unshipped quantity shall have to be got revalidated by the exporters with the office of the Textile Commissioner, Mumbai by preferring an application in the prescribed form to enable the clearance of goods by the Customs. The Textile Commissioner would allow revalidation of EARC's permitting unshipped quantity for shipment on monthly pro-rata limits so that a reasonable carry over stock of the Cotton is maintained in the country.
(A. B. JOSHI)
TEXTILE COMMISSIONER