Directorate General of Foreign Trade has issued Policy Circular No. 5 (RE-2001)/1997-2002 on July 20, 2001, addressing conditions for importing textile and textile articles under Notification No. 3 (RE-2001)/1997-2002. The circular responds to requests for exemptions regarding imports made solely for export production. It clarifies that the previously mentioned conditions do not apply to imports conducted under the provisions of paragraph 7.5 of the Export and Import Policy (1997-2002) and those specified in Notification No. 43/2001-Customs. These provisions allow for duty-free imports for export purposes on a job work basis and for consumables like lining and interlining, provided they adhere to the outlined conditions.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
UDYOG BHAVAN, New Delhi- 110 011
POLICY CIRCULAR NO. 5 (RE-2001)/1997-2002 Dated: 20.07.2001
To,
All Licensing Authorities
All Commissioners of Customs,
Subject: Condition on import of textile and textile articles as per paragraph 11 of Notification no.3 (RE-2001)/ 1997-2002 dt. 31st March, 2001.
Representations have been received requesting to provide exemption from the above mentioned conditions on import of such textile and textile articles which are imported exclusively for export production.
In this regard, and in continuation to policy circular no. 3(RE-2001)/1997-2002 dated 07.06.2001, it is hereby further clarified that the condition on import of textile and textile articles as per the aforementioned notification, shall not be applicable on imports made under provisions at paragraph 7.5 of Export and Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2001)and on imports made as per conditions at sl. No. 156 and 156(A) of Ministry of Finance, Dept. of Revenue, Notification no. 43/2001-customs dated 25.04.2001. Paragraph 7.5 of Exim Policy permits duty free import for export on job work basis. Notification no. 43 of Customs permits duty free import of lining, interlining and other consumables for exports, subject to the conditions given therein.
This issues with approval of Director General of Foreign Trade.
(O.P. Hisaria)
Dy. Director General of Foreign Trade
