DGFT Restores Incremental Export Incentive to Cotton Yarn Exports

[DGFT Notification No. 66 dated 23^rd January 2014]

Subject: Allowing benefit of IEIS to export of cotton yarn in FY 2013-14

In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in the Foreign Trade Policy (FTP) 2009-14 with immediate effect:

2. The ineligible category (cotton yarn)  inserted by Notification No. 43 dated 25^th September, 2013 at serial number (xviii) of Para 3.14.5 (d) of FTP 2009-14 stands deleted.

Effect of this Notification

Export of Cotton Yarn is made eligible for benefits under Incremental Export Incentivisation Scheme for the entire financial year 2013-14.