THE COTTON TEXTILES EXPORT PROMOTION COUNCIL

Subject: Additional Incentive/s to promote exports

Dear Member

As you are aware, the Government of India has announced on 12-1-2010 additional incentives in the form of enlarging the list of Focus Products and Market Linked Focus Products to promote exports from India and notified the same vide Public Notice No. 30/2009-2014 dated 12-01-2010

According to the Public Notice issued by the O/o the Director General of Foreign Trade (DGFT), Ministry of Commerce & Industry, New Delhi    the highlights of the incentives with reference to exports of cotton textiles include adding China and Japan to the list of countries under New Market Linked Focus Products under Table 6 of Appendix 37D. Consequently, exports of Knitted and crocheted fabrics (all items covered under Chapter 60 of ITC HS) and Other Made up textile articles (all items covered under Chapter 63 of ITC HS) are eligible for Duty Credit Scrip at 2% of FOB Value when exported to China, Japan (in addition to the existing countries), w.e.f. 01-01-2010

The relevant extracts of above referred Public Notice are reproduced here below:-

Public Notice No. 30/2009-14 dated 12^th January, 2010 issued by O/o the DGFT, New Delhi

“ In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in HBP V I, for benefits on exports made on or after 1-1-2010.

5. China and Japan are added for all products under Table 6 of Appendix 37D”

                                                                                                                                               Sd/-

                                                                                                                (R.S. Gujral)

Director General of Foreign Trade and

Ex-Officio Special Secretary to the Government of India

2. The O/o DGFT has also clarified vide Policy Circular No 21/2009-14 dated 12-1-2010 that in the case of cotton bathmats/rugs covered under ITC (HS)Codes 5703 or 5705, if the description of the export product on the export documents is only cotton bathmats/rugs or machine -made cotton bathmats/rugs or machine-tufted cotton bathmats/rugs, the exports of the same should be considered for the benefit of Duty Scrip at the rate of 5% under the Focus Product Scheme for exports made from 23-2-2009 onwards and earlier under VKGUY/Focus Product Scheme (FPS), at the applicable rates.

For copy of Policy Circular (Please Click here)

This is for kind Information

Regards

(Siddhartha Rajagopal)

Executive Director

::: TEXPROCIL :::


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E-Serve Notification	No.: 002_10	Dated :	January 13, 2010
Subject: Additional Incentive/s to promote exports Dear Member As you are aware, the Government of India has announced on 12-1-2010 additional incentives in the form of enlarging the list of Focus Products and Market Linked Focus Products to promote exports from India and notified the same vide Public Notice No. 30/2009-2014 dated 12-01-2010 According to the Public Notice issued by the O/o the Director General of Foreign Trade (DGFT), Ministry of Commerce & Industry, New Delhi the highlights of the incentives with reference to exports of cotton textiles include adding China and Japan to the list of countries under New Market Linked Focus Products under Table 6 of Appendix 37D. Consequently, exports of Knitted and crocheted fabrics (all items covered under Chapter 60 of ITC HS) and Other Made up textile articles (all items covered under Chapter 63 of ITC HS) are eligible for Duty Credit Scrip at 2% of FOB Value when exported to China, Japan (in addition to the existing countries), w.e.f. 01-01-2010 The relevant extracts of above referred Public Notice are reproduced here below:- Public Notice No. 30/2009-14 dated 12^th January, 2010 issued by O/o the DGFT, New Delhi “ In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in HBP V I, for benefits on exports made on or after 1-1-2010. 5. China and Japan are added for all products under Table 6 of Appendix 37D” Sd/- (R.S. Gujral) Director General of Foreign Trade and Ex-Officio Special Secretary to the Government of India 2. The O/o DGFT has also clarified vide Policy Circular No 21/2009-14 dated 12-1-2010 that in the case of cotton bathmats/rugs covered under ITC (HS)Codes 5703 or 5705, if the description of the export product on the export documents is only cotton bathmats/rugs or machine -made cotton bathmats/rugs or machine-tufted cotton bathmats/rugs, the exports of the same should be considered for the benefit of Duty Scrip at the rate of 5% under the Focus Product Scheme for exports made from 23-2-2009 onwards and earlier under VKGUY/Focus Product Scheme (FPS), at the applicable rates. For copy of Policy Circular (Please Click here) This is for kind Information Regards (Siddhartha Rajagopal) Executive Director ::: TEXPROCIL ::: DISCLAIMER : The information in this message may be privileged. If you have received it by mistake please notify "the sender" by return e-mail and delete the message from "your system". Any unauthorized use or dissemination of this message in whole or in part is strictly prohibited. Any "information" in this message that does not relate to "official business" shall be understood to be neither given nor endorsed by TEXPROCIL - The Cotton Textiles Export Promotion Council.