cotton yarn

The Union Minister of Commerce, Industry and Textiles Shri Anand Sharma has restored the DEPB benefits for cotton yarn from 1st April, 2011 and on Cotton from 1st October, 2010. The Minister said here today, I have taken a composite review of the cotton and cotton yarn industry over the last few days. Both of these segments have faced huge fluctuation in the international and domestic prices Full Article

Knitwear exporters from Tirupur have requested the Centre to impose 15 per cent export duty on cotton yarn immediately to prevent a spurt in yarn prices in the domestic market. This would help the knitwear sector have a level playing field in international markets and compete effectively, Tirupur Exporters'' Association President A Shaktivel said in a representation to Commerce and Industry Minister Anand Sharma. Full Article

Policy Circular No. 27 (RE-2010)/2009-14 - All applications for grant of registration certificate shall be submitted to the concerned RAs alongwith the following documents: (i) Copy of Export Contract alongwith, (a) A copy of irrevocable Letter of Credit(LC) duly authenticated by an Indian Bank, or (b) FIRC from Bank showing receipt of remittance from the concerned foreign buyer as proof of having received 100% Advance Payment or a minimum of 25%.. Full Article

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, [...] Full Article

Policy Circular No.  07(RE-2010)/2009-14,    Dated: 22.12.2010 Sub:    Conditions and modalities for applications for grant of export licence for export of Cotton Yarn- regarding. It has been decided in the meeting of Group of Ministers (GoM) on 21.12.2010 that for the present, 720 million Kgs. of Cotton Yarn is to be allowed for export during the [...] Full Article

Notification No. 14(RE-2010)/2009-14, New Delhi, Dated 22nd December, 2010 Subject: Restriction on export of cotton yarn – regarding 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 [...] Full Article

Policy Circular No. 04 (RE-2010)/2009-14 , Dated: 29.11.2010 - It was stated in the DGFT Public Notice No. 57 dated 21.4.2010, 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 Industry and Regional Authorities of DGFT seeking to know whether export of cotton yarn shall be e.. Full Article

In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A read with section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, namely:- Full Article