Government of India
Ministry of Commerce & Industry
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi 110 011
Policy Circular No. 47 (RE-2010)/2009-14
Dated: 08.11.2011
To
The Regional Authority /
Customs Authority /
Trade & Industry
Subject: -Filing of applications for DEPB to the RA concerned with “Free
Shipping Bills” for exports of “Cotton yarn including Melange yarn” made from
01.04.2011 to 04.08.2011 and “Cotton” from 01.10.2010 to 04.08.2011.
Reference:
Public Notice Nos.67/2009-2014(RE2010) and
68/2009-2014 (RE 2010 both
dated 04.8.2011.
DEPB on export of “Cotton yarn including Melange yarn” and “Cotton” which was
withdrawn earlier has been restored by the above mentioned Public Notices.
During that period as DEPB was not available on export of “Cotton yarn including
Melange yarn”, the exporters have made their exports under “Free Shipping
Bills”.
- The matter has been considered in this Directorate and it has been decided to
lay down the following procedure to grant DEPB on the export of “Cotton yarn
including Melange yarn” made between the period from 01.04.2011 to 04.08.2011
and on the export of “Cotton” made between the period from 01.10.2010 to
04.08.2011 on the basis of “Free Shipping Bills”: -
- The exporters will apply to RA by feeding the details of the “Free Shipping
Bill” manually on their on-line application;
- A hard copy of the “Free Shipping Bill”, duly attested by the exporter will
be submitted to the RA.;
- On the basis of the export description given on the shipping bill, the RA
will decide whether that export product is entitled for DEPB or not; and
- If the RA is satisfied that description of the export product in the
shipping bill is the same as in the relevant DEPB entry, based on the FOB value
of the shipping bill/Bank Realisation Certificate (BRC), the DEPB will be
issued.
- This issues with the approval of DGFT.
(Rita Mahna)
Deputy Director General of Foreign Trade
Tel. 011-23061562 /Ext: 288
E-mail: [email protected]
[Issued from F. No. 01/94/180/00290/AM 11/PC 4(B)]