Representations
have been received requesting to provide exemption from the above mentioned
conditions on import of such textile and textile articles which are imported
exclusively for export production.
2.
In this regard, and in
continuation to policy circular no. 3(RE-2001)/1997-2002 dated 07.06.2001, it is
hereby further clarified that the condition
on import of textile and textile articles as per the aforementioned
notification, shall not be
applicable on imports made under provisions at paragraph 7.5 of Export and
Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2001)and on
imports made as per conditions at sl. No. 156 and 156(A)
of Ministry of Finance, Dept. of Revenue, Notification no.
43/2001-customs dated 25.04.2001. Paragraph 7.5 of Exim Policy permits duty free
import for export on job work basis. Notification
no. 43 of Customs permits duty free import of lining, interlining and other
consumables for exports, subject to the conditions given therein.
This issues with approval of Director General of Foreign Trade.
(O.P. Hisaria)
Dy. Director General of Foreign Trade