PUBLIC NOTICE NO. 88/2010, DT. 27/12/2011
Amendment in General Note No.5 for Textiles (Product Code: J)
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby makes the following amendment/additions in the Handbook of Procedures, Vol.2, 2009-2014, as amended.
2. The General Note No.5 for Textiles (Product Code: J) is substituted as under:-
(Addition to the earlier note is given in bold for quick reference)
General Note No. 5: -
“Wherever import of dyes is permitted, the same will be restricted to 12% of FOB value within the overall CIF value of the licence. Wherever, import of dyes and chemicals has been permitted, the same will be restricted to 14% of FOB value within the overall CIF value of the licence except in respect of J.28 where the same will be restricted to 16% of FOB value within the overall CIF value of the licence. For specialty textile products like Fire Retardant textile product as well as for Water, Oil and Stain repellant textile products, the same will be restricted to 26% of FOB value within the overall CIF value of the licence.”
3. Effect of Public Notice
The existing ceiling of 14% of FOB value within the overall CIF value of the licence will be enhanced to 26% of FOB value for specialty textile products like Fire Retardant textile product as well as for Water, Oil and Stain repellant textile products.
(Anup K. Pujari)
Director General of Foreign Trade
E-mail: dgft@nic.in
(F.No.01/84/50/261/AM-10/DES-V)
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