Ban on export of cotton

Custom department has banned on exports of cotton. Custom department issued a circular no. 6/2012 dated 05-03-2012 about ban on export of cotton till further orders. Full notification is as under.

Circular No.6/2012-Customs
F. No. 524/19/2012-STO (TU)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
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 229-A, North Block,
New Delhi, the 6th March, 2012.

To

All Chief Commissioners of Customs/ Customs (Prev.)/ C&CE,
All Directors General of CBEC,
All Commissioners of Customs / Customs (Prev.) / C&CE
All Commissioners of Customs & Central Excise (Appeals).  


Subject: Ban on export of Cotton (Tariff Code 5201 and 5203) - reg.
****
Sir / Madam,

         Attention is invited to DGFT RE Notification No.102 (RE-2010)/2009-14 dated 5th March, 2012 amending Notification no. 74(RE-2010)/2009-14 dated 12-09-2011 imposing ban on export of cotton (Tariff code 5201 and 5203). Accordingly –

(i)   Export of cotton [ITC(HS) Codes 5201 & 5203] has been prohibited till further orders.
(ii)   Transitional arrangements will not be applicable for the export of cotton.
(iii) Export against registration certificates already issued will also not be allowed.

2.      Considering the sensitivity of the issue the Board desires that the field formations should strictly monitor the conditions imposed by DGFT in the above notification with immediate effect.

3.      It is also requested to provide the details of all the consignments of export of Cotton handed over to Customs for export as of 2400 hrs. on 04-03-2012. This report is required positively by 07-03-2012.

4.         Suitable instructions may accordingly be given to the field formations.
Yours faithfully,

(A.K.Goel),
Senior Technical Officer
Tariff Unit
Tags-ban on export of cotton,cotton export ban,custom circular no. 6,custom circular no. 6/2012
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