Penalty-based removal from defaulter list: firms paid prescribed penalty and had names removed after compliance. Pursuant to a prior Trade Notice naming exporters as defaulters for cotton export shortfalls and offering removal upon payment of a prescribed penalty, 76 firms under the office's jurisdiction were reviewed; 38 firms submitted documents and paid the penalty in accordance with that notice, and their names have been removed from the defaulter list, as detailed in the attached annexure.
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Penalty-based removal from defaulter list: firms paid prescribed penalty and had names removed after compliance.
Pursuant to a prior Trade Notice naming exporters as defaulters for cotton export shortfalls and offering removal upon payment of a prescribed penalty, 76 firms under the office's jurisdiction were reviewed; 38 firms submitted documents and paid the penalty in accordance with that notice, and their names have been removed from the defaulter list, as detailed in the attached annexure.
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