DEPB on Cotton Yarn Restored with Retrospective Effect from 1 April 2011

[DGFT Public Notice No. 67 dated 4^th August 2011]

Subject: Restoration of DEPB benefit on export of ‘Cotton yarn including Melange Yarn’.

1. In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of the Handbook of Procedures (Vol. i), the Director General of Foreign Trade hereby makes the following additions/amendments in the Schedule of DEPB Rates (as amended from time to time): 

“Export of ‘Cotton yarn including Melange yarn’ appearing at DEPB entry Sl. No. 78 of the Product Group “Textiles” will be entitled for DEPB benefit on exports made on or after 1.4.2011”.

2. Effect of this amendment:

DEPB benefit on export of “Cotton yarn including Melange yarn” was withdrawn vide Public Notice No. 57/2009-14 dated the 21^st April, 2010. Exports made on or after 01.04.2011 will now be entitled for DEPB benefit under DEPB entry Sl. No. 78 of the Product Group “Textiles”.

This issues in public interest.