GOVERNMENT OF
MINISTRY
OF COMMERCE & INDUSTRY
DEPARTMENT
OF COMMERCE
PUBLIC NOTICE NO. 52(RE:2007)/2004-2009
In exercise of the powers conferred
under Paragraph 2.4 of the
Foreign Trade Policy, 2004-09 and Paragraph 1.1 of Handbook of
Procedures (Vol.1), the Director General of Foreign Trade hereby makes the
following additions in the Handbook of Procedures, Vol.2, 2004-2009, as
amended.
2. In the General Notes for Textiles
(Product Code: J) the following two General Notes may be incorporated:-
16. It is clarified that in SIONs where import of relevant fabric is permitted in terms of square meters per unit of an export product, an average wastage of 10% is already taken into account while permitting the said import quantity.
17. It is further clarified that in SIONs where import of relevant fabric is permitted in terms of square meters per unit of an export product, the import of relevant fabric be limited to (10% + Actual utilization in Square Meters) or quantity permitted in SION, whichever is lower.
Actual utilization in square meters can be calculated from GSM declared on shipping bill and Net weight of export consignment using the formula Square Meter = Net Weight * 1000 / GSM.
This shall also be applied in case of grant of DFIA benefits.”
This
issues in public interest.
Sd/-
(R.S. GUJRAL)
DIRECTOR GENERAL OF FOREIGN TRADE
(F.No.01/84/162/572/AM-08/DES-V)