GST India Solution

15(RE-2010)/2009-14, Dated: 29/12/2010

To be published in the Gazette of India Extraordinary Part II Section 3, Sub Section (ii)

Government of India

Ministry of Commerce & Industry

Department of Commerce

Udyog Bhawan

Notification No. 15(RE-2010)/2009-14

New Delhi, Dated 29 December, 2010

Subject: Corrigendum to Notification No. 14(RE-2010)/2009-14 dated 22.12.2010 regarding export of cotton yarn.

S.O. (E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-14, the Central Government hereby makes the following amendments in Notification No. 14(RE-2010)/2009-14 dated 22.12.2010.

2. In Notification No. 14(RE-2010)/2009-14 dated 22.12.2010, the phrase “before 1st December, 2010” appearing at para 3 (ii) relating to Transitional Arrangements will be substituted by the phrase “on or before 1st December, 2010”. The relevant para would read as follows:

“3(ii) However, Exporters who have obtained Registration Certificate from Textile Commissioner, Mumbai on or before 1st December, 2010 would be permitted to export Cotton Yarn within the quantity limit for which such registration certificate has been issued and within the validity of such registered contract.”

3. The effect of this notification:-

The exporters who have obtained Registration Certificate from Textile Commissioner, Mumbai on 1st December, 2010 would also now be permitted to export Cotton Yarn. Earlier notification of 22.12.2010 permitted such exporters who would have got RC before 1st December, 2010. Other conditions like quantity limit of RC so issued, validity of RC will remain the same.

Sd/-

(Anup K. Pujari)

Director General of Foreign Trade

E-mail: dgft@nic.in

(Issued from File No.01/91/180/1194/AM10/Export Cell)

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GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

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Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .