Notification No. 41(RE-99) issued on December 23, 1999, announces amendments to the ITC(HS) Classifications of Export and Import Items under the Export and Import Policy 1997-2002. The key update concerns the import of cotton, specifically cotton not carded or combed (EXIM Code 520100) and cotton that is carded or combed (EXIM Code 520300). Both categories of cotton imports are now classified as “free” but come with a new requirement: all import contracts for these items must be registered with the Textile Commissioner in Mumbai before import, effective until March 31, 2000. This step is part of the broader regulatory framework to ensure transparency and proper control over the cotton trade during this period
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE
NOTIFICATION NO. 41(RE-99) 1997-2002
NEW DELHI:23rd December, 1999
S.O (E) – In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items , 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely –
2. After amendment the following will read as under:
| EXIM CODE | Item Description | Policy | Conditions relating to policy | Import under SIL/ Public Notice |
| 520100 00 | Cotton, not carded or combed | Free |
For imports of cotton to be made up to 31-3-2000, all import contracts shall compulsorily be registered with ‘Textile Commissioner’, Mumbai, prior to import. |
|
| 520300 00 | Cotton, carded or combed | Free |
For imports of cotton to be made up to 31-3-2000, all import contracts shall compulsorily be registered with ‘Textile Commissioner’, Mumbai, prior to import. |
This issues in public interest.
(N.L.Lakhanpal)
Director General of Foreign Trade and ex-officio
Additional secretary to the Government of India
(O.P.Hisaria)
Dy.. Director General of Foreign Trade
(File No. 01/89/214/00005/AM-99)
