ANNOUNCEMENT 17 Aug 2010

In August 2010, the government of India announced a rule change relating to export registration.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Directorate General of Foreign Trade. (2011). Notification 12/2010. Available at http://dgft.gov.in/exim/2000/not/not10/not1210.htm

Directorate General of Foreign Trade. (2011). Notification 06/2010. Available from http://dgft.gov.in/exim/2000/not/not10/not0610.htm

Directorate General of Foreign Trade. (2011). Notification 58/2009. Available from http://dgft.gov.in/exim/2000/not/not09/not5809.htm


Inception date: 01 Nov 2010 | Removal date: open ended
Still in force

Export licensing requirement

On 17 August 2010, the government of India announced the removal of the licensing scheme for cotton exports in place since May of the same year. Instead, exporters of cotton, cotton waste, and cotton yarn shall register their export contracts with the Directorate General of Foreign Trade (DGFT).
 
The new regulation makes no reference as to any discretion DGFT may have in the acceptance of export contracts.
 
In the initial regulation required registrations with the Textile Commissioner. This responsibility was transfered to the DGFT by notification 12/2010 on 16 December 2010.
 
The liberalization came into force on 1 November 2010.

AFFECTED SECTORS