DINDEX/518-DGFT Allows Exporters can File Online Application for DEPB for Cotton and Cotton Yarn Exports made from 4 August 2011

Subject: Filing of applications for DEPB for exports of “Cotton Yarn including Melange Yarn” made from 01.4.2011 to 04.8.2011 and “Cotton from 01.10.2010 to 04.08.2011.

[Ref: DGFT Trade Notice No. 20 dated 16 September 2011]

Attention is invited to Public Notice Nos. 67/2009-2014 (RE 2010) and 68/2009-2014 (RE 2010) restoring the DEPB benefit on export of “Cotton yarn including Melange yarn” and “Cotton”. During the period from 21.4.2010 to 04.08.2011, DEPB was not available on export of “Cotton yarn including Melange yarn” and on export of “Cotton” from 21.04.2010 to 04.08.2011.

2. The exporters can file on-line application for DEPB for the exports of “Cotton yarn including Melange yarn” and “Cotton” made from 04.08.2011.

3. As regards the filing of applications for DEPB to the RA concerned for exports of “Cotton yarn including Melange yarn” made from 01.04.2011 to 03.08.2011 and “Cotton” from 01.10.2010 to 03.08.2011, procedure is being devised in consultation with the Department of Revenue and will be notified separately.

4. This issues with the approval of DGFT.