TEXPROCILTHE COTTON TEXTILES EXPORT PROMOTION COUNCIL(Sponsored By Government of INDIA) Engineering Centre, 5th Floor, 9, Mathew Road, Mumbai - 400 004. Maharashtra State, INDIA. Website : http://www.texprocil.org/ E-mail : enews@texprocil.org Tel. : 91-22-2363 2910 to 12 Fax : 91-22-2363 2914 |
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The
Cotton Textiles Export Promotion Council FREQUENTLY ASKED QUESTIONS EXHIBITION
/ MARKET INFORMATION 1.
How does Texprocil act as a vital
Trade Link? ·
Links member exporters with foreign
buyers on their sourcing needs ·
Informs foreign buyers on suitable
products, markets and suppliers in
India ·
Arranges visits through BSMs,
Missions and Trade Delegation abroad and vice versa 2.
How
does Texprocil’s ‘Textile Intelligence Centre’ benefit Cotton Textiles
Exporters? ·
Conducts studies on markets,
products, buyers and maintains a resource library ·
Disseminates vital information
through E-Serve, E-News and various publications ·
Informs the buyers on Indian markets,
leading to match their sourcing requirements 3.
How
does participation in Texprocil Events benefit Cotton Textiles Exporters? ·
Carefully researched trade events
with prime focus on promotion of Indian Cotton Textiles ·
Special emphasis on networking and
developing cordial relations with trade bodies abroad ·
Benefits from MDA / MAI Schemes
extended to participant as per eligibility of exporters 4.
What
are the benefits of Texprocil Publications to Cotton Textiles Exporters? ·
Print media disseminates informative
articles, trade developments, advertisements ·
Electronic media disseminates time
bound information for speedy reach ·
Website, media releases, etc
disseminates continually updated information 5.
What
are the main promotional activities of Texprocil? ·
Exclusive Texprocil India Pavilions
during group participation in global textile events ·
Seminars/Conferences, Awareness
Programmes etc. in multi-conferencing facility at H.O ·
Show room cum Textile Display centre
at H.O ·
Group Participation in major
International textile fairs & trade events ·
Buyer-Seller Meets in Overseas
Countries ·
Reverse Buyer-Seller meets in India · Specialized Trade Delegations to overseas countries
STATISTICAL INFORMATION TOP Question: How do I get the statistical information?
Question: How do I get the earlier versions of EServe Copies?
Question: How do I get the Import Statistics information of various countries?
Question: How can I get the News Letter copies online?
DUTY
ENTITLEMENT PASS BOOK/DRAW BACK What is DEPB? a. Duty
Entitlement Pass Book (DEPB) is a Duty Credit Entitlement issued on Post Export
Basis to neutralise the incidence of Customs duty on the import content of the
export product. Who can claim
a DEPB Entitlement? a. Under the
DEPB scheme, an exporter may apply for credit, as a specified percentage of FOB
value of exports, made in freely convertible currency. How does an
exporter ascertain the eligibility of his product to claim DEPB? a.
Eligibility for claim of DEPB can be ascertained with reference to the DEPB
Schedule wherein the description of the export product is either 1.
On basis of
manufacturing process i.e. forging, casting, extrusion, etc. or 2.
On basis of
content i.e. ferrous / non ferrous, alloy / non alloy, etc. What if the
export product is not mentioned in the DEPB Schedule? a. In such
case, exporter should undertake the exercise of getting SION (Standard Input
Output Norms) fixed for his product and subsequently move for fixation of DEPB
Rates. b. For this,
the exporter should be very clear of implication of custom duty and excise on
input stage level for his product and effect of the tax component on his
pricing. How can this
Duty Credit Entitlement be used? a. Such DEPB
claimed can be used in either of 2 ways: 1.
To meet
incidence of Customs duty of imports conducted be himself; or 2.
Transfer such
DEPB to an Importer against consideration What qualifies as “Capital
Goods” for the EPCG Scheme? a.
"Capital Goods" means any plant machinery, equipment or accessories
required for manufacture or production, either directly or indirectly, of goods
or for rendering services, including those required for replacement,
modernisation, technological upgradation or expansion. b.
Capital goods also include packaging machinery and equipment, refractories for
initial lining, refrigeration equipment, power generating sets, machine tools,
catalysts for initial charge, equipment and instruments for testing, research
and development, quality and pollution control. c.
Capital goods may be for use in manufacturing, mining, agriculture, aquaculture,
animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture
and viticulture as well as for use in the services sector. Who can get exemption from Bank
Guarantee? a. All the exporters who have an export turnover of at least Rupees 5 Crore in the current or preceding licencing year and have a good track record of three years of exports will be exempted from furnishing a BG for any of the schemes under this Policy and may furnish a LUT in lieu of BG. MEMBERSHIP TOP What is the profile of TEXPROCIL? ·
TEXPROCIL – The Cotton
Textiles Export Promotion Council is a non-profit making, export promotion body
under the aegis of Ministry of Textiles and Ministry of Commerce, Government of
India ·
With a membership strength
of around 4000 Indian cotton textile manufacturer and merchant exporters,
Texprocil conducts wide ambit of activities aimed at enhancing the country’s
exports of cotton textile products Where is the TEXPROCIL office located? ·
TEXPROCIL operates through
following offices in India; Head Office in Mumbai
(info@texprocil.org) Regional Office in New
Delhi (raju@texprocil.org) What is the Organisation structure of TEXPROCIL?
·
Committee of Administration
is the core decision making body of the Council ·
Members of the Committee of
Administration are the elected representatives of various member organizations
from the industry headed by three Office Bearers comprising of Chairman, Deputy
Chairman and Vice Chairman ·
Committee of Administration
also consists of nominated representatives from the Ministry of Textiles,
Government of India ·
There are various
Sub-Committees which individually focus on the various product groups viz. Yarn
Committee, Fabrics Committee and Madeups Committee and offer suggestions to the
Committee of Administration on various measures required for export trade
development ·
The TEXPROCIL H.O. headed
by the Executive Director, functions as per the guidelines of Committee of
Administration ·
Disseminates information
for setting the sector’s Annual Export Target in line with Government of India ·
Offers suggestions for
Foreign Trade Policy and Union Budget in line with various measures to be
undertaken for reforms ·
Acts as an interface
between exporters and various Government of India Bodies like DGFT, Customs,
Central Excise, RBI, EXIM Bank etc on policy matters related to exports ·
Organises various
Promotional Activities in India and Abroad under MDA/MAI scheme of Government of
India ·
Disseminates useful trade
information to member exporters regarding buyer enquiries, trade opportunities,
market reports, country reports, trade statistics etc., by means of various
print publications, EServe, ENews and hosting in the Council’s Website on a
regular basis ·
Provides information to
overseas buyers for sourcing from India and match them with their requirements ·
Develops network &
contacts with Indian missions abroad and local trade bodies to assist the member
exporters to penetrate overseas market ·
Undertakes publicity
campaign and brings out publications, film, CDs, market survey reports etc. on
regular basis Who can apply for Membership of TEXPROCIL ?
TOP
·
Manufacturers &
Merchant Exproters of cotton goods; How to apply for Membership? ·
Details of Membership may
be obtained from the Regional as well as Head Office of TEXPROCIL or from the
web link - http://www.texprocil.org/ What is the Membership Subscription? ·
Annual membership
subscription is charged according to category of membership as well as export of
cotton textile goods made by the organisation during the preceding year as
detailed in the following table:
What is the difference between Council Member and
RTE Member?
TOP
RTE
member can be converted to Council Member ?
TOP
The criteria for conversion of Membership of the Council from Registered Textile Exporter to Member (Council) are as follows: · Manufacturing of any kind of goods mentioned in Object 1 of Clause 3 of the Memorandum of Association of the Council, with an installed capacity of at-least 6000 (Six Thousand) spindles and an annual export Turnover whether by way of direct exports or exports through exporters of aforesaid articles (but excluding exports of any kind of apparel or Garments) of at least Rs.50/- Lakhs (Rupees Fifty Lakhs) or · Processing including weaving of any kind of goods mentioned in Object No.1 of Clause 3 of Memorandum of Association of the Council with an annual turnover of such articles of at least Rs.7.5 Crores and an annual export turnover whether by way of direct exports or exports through exporters of such articles (but excluding any kind of apparel or garments) of at least Rs.50/- Lakhs (Rupees Fifty Lakhs). Why the Registration-cum-Membership Certificate (RCMC)
is required?
TOP
·
Any person, applying for (i)
a licence/certificate/permission to import/export, or (ii) any other benefit or
concession under this policy shall be required to furnish
Registration-cum-Membership Certificate (RCMC) granted by the competent
authority in accordance with the procedure specified in the Handbook , unless
specifically exempted under the Policy. What are the
benefits as a member of TEXPROCIL?
TOP
The TEXPROCIL members can
avail of various privileged services through – ·
A fleet of educated and
experienced staff paired with Council’s experience more than ·
Ultramodern infrastructure
of the TEXPROCIL – comprising of IT enabled Board Room, Textile Display
Show-Room, Library and Resource Centre and Textile Intelligence Centre ·
Travel and Visa assistance
on business visits abroad ·
Monthly magazine through
print media which covers trade enquiries, govt. notifications, market reports,
trade related articles, expert opinions, etc ·
Emergent and urgent
information on various trade developments, policy changes & trade related
information by E-Serve and E-News ·
Council website introducing
to the worldwide customers about the Indian Cotton Textiles Sector by hosting
trade related information and searchable list of exporters. ·
Various Government Export
Promotional schemes and assistance offered to eligible member exporters ·
Group participation in
focused Textile Events organised by the Council and assistance in participating
in other events useful for trade enhancement ·
Latest statistical
information on India and World’s Imports and Exports for cotton textile basket
of products through Textile Intelligence Centre ·
Free assistance on availing
expert guidance through seminars and workshops.
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