Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhavan, New Delhi
Policy Circular No. 17 (RE-2010)/2009-14
Dated : 10.02.2011
To
All Regional Authorities
Members of Trade
Subject:- Allocation of cotton yarn export not being made today.
Attention is invited to Policy
Circular No.15 (RE-2010)/2009-14 dated 1st
February, 2011 through which applications were invited for allocation of cotton
yarn export. Approximately 2500 applications were received. The balance amount
was calculated by deducting amount already exported upto 15.1.2011 (from most
recent DGCI&S data) from the existing ceiling of 720 Million Kgs. This balance
quantity is very small.
- When a very small residual amount is to be allocated amongst such a large
number of applicants, the actual quantity that comes to the share of many
applicants becomes commercially unviable because of its un-economic size.
Therefore, an administrative decision has been taken to consider only such
applicants who have recent experience on such export. Hence, only those
applicants with export performance in 2009-10 will be considered for allocation
in this round.
- Line 6 & 7 of the e-mail sent earlier by the applicants contain details of
export performance in 2009-10. As a matter of abundant caution the existing
applicants are advised to send a confirmatory e-mail by 14th February 2011
(addressed to [email protected]) regarding their export performance
during 2009-10. The e-mail confirmation from applicants needs to only specify
their export in 2009-10, which was asked in line 6 & 7 of the e-mail format in
Annexure-I of Policy Circular No. 15 dated 1.2.2011. In case no such
confirmatory e-mail is received from an applicant, the e-mail sent earlier will
be taken as final.
- The applicants receiving the allocation will have to submit proof of their
past export in 2009-10 (as intimated in their e-mails) to concerned RAs at the
time of filing their applications for grant of export license in addition to
other documents already mentioned in serial No. 3 (iii) of Policy Circular No.
15 dated 1.2.2011.
- Since the last date of export is 31st March, 2011, the allocation would be
completed as expeditiously as possible, on receipt of the confirmatory e-mails
(last date of receiving such e-mails is 14.2.2011). In view of the above, the
allocation of cotton yarn for export as stipulated in Policy Circular No. 15
dated 1.2.2011 is not being made today.
Sd/-
(Hardeep Singh)
Joint Director General of Foreign Trade
Email: [email protected]
(File No. 01/91/180/1843/AM11/EC)