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( TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART I SECTION I )

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

DEPARTMENT OF COMMERCE

PUBLIC NOTICE NO. 51( RE-2000 ) / 1997-2002

NEW DELHI , THE 2nd    JANUARY, 2001.

Attention is invited to the entry at Code No. 5205  in Table B of Schedule 2     and SL. No. 6  of Appendix –I to Schedule 2 in the  book titled  “ ITC(HS) Classifications of Export and Import  Items, 1997-2002 ” specifying the terms and conditions for export of items indicated therein.

2. In exercise of the powers conferred under Paragraph 4.11 of the Export & Import Policy, 1997-2002, (incorporating amendments made upto 31st March,2000) the Director General of Foreign Trade hereby specifies the quantitative ceiling for export  of  Cotton Yarn  for  the calender year 2001 as under :-

(i) Ceiling of 500 million Kgs.  for Cotton yarn of 1 to 40s  counts.

(ii) Ceiling of 20 million Kgs. for hank yarn of 1 to 60s counts.

(iii) However, the following categories shall be exempted from the ceiling limits:

(a)   Exports by 100% EOUs . However, exports by such units, having count restrictions, will be  subject to the ceiling prescribed by the Ministry of Textiles.

(b)   Exports under advance licence  scheme.

(c)   Exports based on cotton imported .

(d)   Exports of EPCG units to  the extent of meeting annualized export

obligation. However, more  than their obligation, if exported,  will be  debited to the ceiling.

(e)   All exports against bilateral quotas.

(f)     All exports of 41s and above counts; and

(g)   Exports of processed yarn.

3. This will be effective from 1st January, 2001.

4. This issues in Public interest.

( N.L. LAKHANPAL )

Director General of Foreign Trade

And Ex-officio Additional Secretary to the Govt. of India

Copy to all concerned;

By orders etc.

 ( A. K. SRIVASTAVA )

 Dy. Director General of Foreign Trade

For Director General of Foreign Trade

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