Government of India
Ministry of Commerce and Industry
Department of Commerce,
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi-110011.
Public Notice No. 45 (RE-2010) /2009-2014
Dated: the 31st March, 2011.
Subject: Non-availability of DEPB benefit on export of Cotton.
- In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade
Policy, 2009-2014, the following amendment is made in the Schedule of DEPB Rates
(as stated in paragraph 1.1 of HPB v1):
- Export of Cotton shall not be entitled for DEPB benefit even under DEPB entry
Sl. No. 22C and 22D of the Product Group “Miscellaneous”, with respect to
shipments made on or after 21.4.2010.
- Effect of this amendment:
Benefit under DEPB scheme encourages export of concerned commodity. Hence when
the intention of the Government is not to encourage exports of specific
commodity, DEPB benefit on such a commodity would be contradictory to its
intention. Accordingly, this Public Notice clarifies that DEPB benefit on export
of cotton shall not be available. DEPB benefit on export of cotton yarn was
withdrawn with effect from 21.4.2010, therefore, DEPB benefit on cotton (the
basic raw material for cotton yarn) has been disallowed for exports made from
21.4.2010 onwards.
Sd/-
( Anup K. Pujari )
Director General of Foreign Trade
E-mail: [email protected]
[Issued from File No. 01/94/180/DEPB – Cotton / 290 /AM-11/PC-4(B)]