Exim Policy Circular: 04/2010 (29-Nov-10) Export of Cotton Yarn not entitled to DEPB benefit under the DEPB Rate Schedule
To
The Regional Authority /
Customs Authority /
Trade & Industry
Subject: Export of Cotton Yarn notentitled to DEPB benefit under the DEPB Rate Schedule.
It was stated in the DGFT Public Notice No. 57 dated21.4.2010, that Export of "Cotton yarn including Melange Yarn"appearing at DEPB entry Sl. No. 78 of the Product Group "Textiles"shall not be entitled for DEPB benefit from immediate effect.Thereafter references have been received from Trade and Industryand Regional Authorities of DGFT seeking to know whether export ofcotton yarn shall be entitled for DEPB benefit @ 1.5% under DEPBentry Sl. No. 22D of the Misc. Products (Product code 90).
- Benefit of DEPB under Sl. No. 22D of the Misc. products isavailable only when, Standard Input Output Norms (SION) exist for aproduct, but no DEPB rate has been notified. In the case of CottonYarn, it is not that DEPB Rate has not been notified but actually,the notified specific DEPB benefit has been suspended as per PublicNotice of 21.4.10, as described in para 1 above.
- Accordingly, it is clarified that exports of "Cotton Yarn" isnot entitled for any DEPB benefit either under entry 78 of ProductGroup Textiles (as was notified already on 21.4.10), or even underthe residual entry at Sl. No. 22D of the Product Group "Misc.products" of the DEPB rate schedule.
This issues with the approval of DGFT.
Rita Mahna
Deputy Director General of Foreign Trade
Tel. 011-23061562 /Ext. 288
E-mail: r.mahna@nic.in
[Issued from F. No. 01/94/180/002/AM11/PC 4(B) ]
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