Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi
Trade Notice 15
dated 10th
August, 2011
To,
Members of Trade
All Regional Authorities of DGFT
Subject : Final list of defaulters for failure to
export of cotton in terms of Policy Circular No. 09 dated 29.12.2010 and Trade
Notice No.01 dated 10.1.2011.
Attention is invited to Trade Notice
No. 11 dated 29.06.2011through which 178
firms were declared defaulters in export of cotton in terms of Policy Circular
No. 09 dated 29.12.2010.
- In this Trade Notice (para 4) it was provided that the concerned
exporters may approach the RC issuing Authorities within 3 days
alongwith all necessary documents for rectification of error if any. The
concerned RAs would verify the documents and do rectification if
required. After issue of Trade Notice No. 11 of 29.06.2011, many
exporters have submitted the documents with RC issuing authorities.
These have been verified. After verification, 61 firms have not been
found to have defaulted. Accordingly their names have been removed from
the list. The list of remaining defaulters is annexed with this Trade
Notice.
- The exporters whose name appear in the Annexure-1 of this Trade
Notice may approach the concerned RC issuing authority within 15 days
along with all necessary documents for re-verification of documents.
- The firms who have exported beyond tolerance limit of + or - 5%,
have option to get their names removed from the defaulter list by paying
a penalty of Rs. 10,000/- + 1% of value of shortfall in excess of the
allowance of 5%, with the concerned RAs.
Annexure-1_list of defaulters.doc List of 117 firms with IEC Code.
(Daya Shankar)
Deputy Director General of Foreign Trade
E-mail: [email protected]
(F.No : 01/91/180/1194/AM10/EC)