Policy Circular No- 24/2010 dated 22/02/2011
Amendment to Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated
14.02.2011 regarding issuance of licences for Value Added Special Yarn/Technical
Yarn.
Serial No. 3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 had
stipulated certain documents to be submitted to concerned RAs for issuance of
export licence . To facilitate expeditious issue of export licences, Sl. No.
3(ii) of Policy Circular No. 20(RE-2010)/2009-14 dated 14.02.2011 is amended as
under[changes are being made in 3(ii) (b) & 3(ii) (c)]:
“3. ………………….
(ii) Export of Value Added Special Yarn and Technical Yarn by the original
manufacturers of such yarn:
Procedure to obtain export licence:- Concerned manufacturers only can apply.
Licence to be obtained from concerned RA. Applications must contain (a) ANF 2D
(b) Proof of export of such yarn during the previous two years i.e. FY, 2008-09
and FY, 2009-10 duly accompanied by copies of shipping bills showing export of
such yarn(c) The custom authorities will draw necessary sample(s) at the time of
shipment to be tested and thereafter shall send the test report to concerned RA
to facilitate initiation of appropriate penal action under the provisions of
FT(D&R) Act in case any deviation/misdeclaration is detected/reported. Export
against the licences so issued must be completed by 31.03.2011.”
(iii) ……………….
2. The RAs are requested to send a daily report of the licences issued for the
above categories addressed to hardeep.singh@nic.in and daya.shankar@nic.in.
[Earlier weekly reports were mandated.]
3. This issues with the approval of Director General of Foreign Trade.
Sd/-
( Hardeep Singh)
Joint Director General of Foreign Trade
(Issued from File No.01/91/180/1843/AM11/Export Cell)