Grant of Status Holders Incentive Scrip benefit to textile garments.

Notification No: Circular -33
Notification Date: 2010-05-19
Issuing Authority: DGFT-Circular
Subject: Grant of Status Holders Incentive Scrip benefit to textile garments.

GOVERNMENT OF INDIA

DEPARTMENT OF COMMERCE

DIRECTORATE GENERAL OF FOREIGN TRADE

UDYOG BHAWAN, NEW DELHI-110011 

Policy Circular No. 33/2009-14                                   Dated:   19th May, 2010

To

          All Regional Authorities

        Sub:  Grant of Status Holders Incentive Scrip benefit to textile garments.

          This has reference to Para 3.16.4 of the FTP 2009-14 under which Textiles is one of the sectors entitled to Status Holders Incentive Scrip @ 1% of FOB value of exports made during 2009-10 and 2010-11.

2.      The Apparel Export Promotion Council has informed that some garment exporters are facing difficulty in submitting their applications for availing Status Holders Incentive Scrip benefit as some Regional Authorities are insisting upon a clarification from the DGFT Head Quarters to the effect that garments are covered under the Textile Sector under Para 3.16.4 of the FTP 2009-14. 

3.      It is, hereby, clarified that under Para 3.16.4 of the FTP 2009-14, Textile Sector covers textile garments as well.

This issues with the approval of DGFT.

          Sd/-  

 (Satyan Sharda)

Joint Director General of Foreign Trade

[Issued from F.No. 01/91/180/251/AM11/PC3]

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