Stay informed about the latest DGFT notifications from the Directorate General of Foreign Trade. Get updates on trade policies, tariff amendments, export-import controls, and incentive schemes. Stay ahead in international trade with timely information on DGFT notifications.
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DEPB benefit on export of ‘Cotton’ was withdrawn vide Public Notice No. 45 (RE 2010)/2009-14 dated the 31st March, 2011. Exports made on or after 01.10.2010 will now be entitled for DEPB benefit under DEPB entry Sl. No. 22D of the Product Group ‘Miscellaneous’.
DEPB benefit on export of ‘Cotton yarn including Melange yarn’ was withdrawn vide Public Notice No. 57/2009-14 dated the 21st April, 2010. Exports made on or after 01.04.2011 will now be entitled for DEPB benefit under DEPB entry sr. No. 78 of the Product Group Textiles.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 (FTP) and Paragraph 1.1 of the Handbook of Procedures (Vol. I), 2009-14 (HBPv1), the Director General of Foreign Trade hereby makes the following amendment at List of Items covered under the Tariff Rate Quota Scheme under Para 2.59 of Handbook of Procedures Vol-1, 2009-14.
Existing policy conditions (prior to this amendment) as available at page 474-475, for the Exim Codes 6802 10 00, 6802 21 10, 6802 21 20, 6802 21 90, 6802 91 00 and 6802 92 00 of Chapter 68 of ITC(HS) Classifications of Export and Import Items are extracted below (earlier policy conditions).
Notification No. 64 (RE-2010)/2009-2014 Import policy of rough marble blocks for the year 2011-12 has increased the import quota from 3 lakh MT to 5 lakh MT with an MIP of US$ 325 per MT.
Exporters intending to export cotton [ITC (HS) Codes 5201 and 5203] will apply to the Regional Authority (RA) for grant of Registration Certificate (RC) subject to the following conditions – (i) The applicant should not be a defaulter / must not be in the Denied Entities List (DEL). (ii) An applicant shall submit a performance guarantee in the form of a Bank Guarantee (in the format given in Annexure 2) for 2.5% of the value equivalent of the quantity for which RC is being applied, or for Rs 1 lakh, whichever is more. Notification No. 63 (RE-2010)/2009-2014,
Representations have been received seeking a clarification on the applicability of condition of shelf life of 60% stipulated under Para 13 of Chapter 1A (General notes regarding Import Policy) of ITC(HS) in case of re-import of edible/food products like frozen meat, frozen mango slices and pulp etc. under the para 2.38 of Foreign Trade Policy. It has been stated in the representations that sometimes edible/food products exported abroad are re-imported for relabeling/repack/rework and re-exported subsequently. Since the condition of shelf life of 60% pertains to goods imported into the country, it has been requested to clarify whether the said condition is applicable for such goods.
The cap on export of cotton [ITC (HS) Code 5201 & 5203] has been removed. However, condition regarding registration of contracts with DGFT would continue to apply. A new procedure of registration is being separately notified for export of Cotton [ITC (HS) Code 5201 & 5203]. In respect of cotton waste including yarn waste and garneted stock [ITC (HS) Code 5202] there is no change even in the procedure to obtain registration.
Division Bench of the Hon’ble High Court of Delhi (Justice S.K. Kaul and Justice Rajiv Shakdher) in their interim order in Writ Petition No. 5237/2011 Kannu Aditya (India) Ltd. Vs. Union of India, made on 26th July, 2011 have ordered: It is directed that no allotment shall be made till the next date of hearing.
DGFT has published the list of successful allottees for allocation of 10,00,000 MTs of non-Basmati rice for exports as notified in Notification No. 60 dated 19.07.2011 along with the 1st waiting list. The document submission, scrutiny and issue of registration certificates by the Regional Authorities of DGFT / DGFT(Head Quarters) (depending upon the choice of the allottees) would commence at 1000 Hrs on Thursday 28.07.2011 and will close at 1700 Hrs. on Thursday 18.08.2011, as mentioned in the Notification No. 60 dated 19.07.2011 subject to conditions mentioned therein.
