Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhavan, New Delhi.
Policy Circular No. 61(RE-2010)/2009-14, Dated the 1st May, 2012
To
All Customs Authorities / All Regional Authorities / Members of Trade.
Subject:- Clarification regarding withdrawal of provision of revalidation of RCs by RAs for export of cotton and cotton yarn.
A question has been raised by certain exporters whether revalidation provision for cotton yarn still continues. This may be due to the fact that the subject header in Public Notice No. 102 dated 16.03.2012 mentions “Procedure for scrutiny and revalidation of Registration Certificate for export of cotton [ITC(HS) code 5201 & 5203]”, but the content of Para 3 refers to both cotton & cotton yarn.
2. Policy Circular No. 51(RE-2010)/2009-14 dated 28.12.2011 had mentioned at Serial Number 5 of the Table in para 3 that revalidation could be permitted to the RCs issued for export of both cotton and cotton yarn. Although the subject header of Public Notice No. 102 dated 16.03.2012 mentions cotton only but para 3 of Public Notice No. 102 clearly states that the provision of revalidation of RCs by RAs as contained in Policy Circular No. 51(RE-2010)/2009-14 dated 28.12.2011, stands withdrawn, which provision was for both cotton and cotton yarn.
3. In order to set all doubts to rest, it is reiterated that the revalidation provision of Policy Circular No. 51(RE-2010)/2009-14 dated 28.12.2011 stands withdrawn as stated in Para 3 of Public Notice No. 102 dated 16.03.2012. Accordingly no revalidation will be granted to RCs for cotton and cotton yarn.
4. This issues with the approval of Director General of Foreign Trade.
(Hardeep Singh)
Joint Director General of Foreign Trade
Email: hardeep.singh@nic.in
(Issued from F. No 01/91/180/1843/AM11/Export Cell)
