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Export quota allocation for cotton yarn requires pro rata applications and strict documentary compliance before authorisations issue. Export quota applications for cotton yarn must be emailed to DGFT and will be allocated on a pro rata basis with a per IEC cap equal to the greater of a fixed threshold or the applicant's 2009-10 exports; one application per IEC only. Allocated applicants must submit ANF 2D and documentary proof (export contract plus LC or FIRC evidencing required advance payment) to Regional Authorities for issuance of export authorisations. Failure to timely submit correct documents or to export allocated quantities will cause ineligibility, debarment and penal action under Section 11(2) of the Foreign Trade (D&R) Act.
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Export quota allocation for cotton yarn requires pro rata applications and strict documentary compliance before authorisations issue.
Export quota applications for cotton yarn must be emailed to DGFT and will be allocated on a pro rata basis with a per IEC cap equal to the greater of a fixed threshold or the applicant's 2009-10 exports; one application per IEC only. Allocated applicants must submit ANF 2D and documentary proof (export contract plus LC or FIRC evidencing required advance payment) to Regional Authorities for issuance of export authorisations. Failure to timely submit correct documents or to export allocated quantities will cause ineligibility, debarment and penal action under Section 11(2) of the Foreign Trade (D&R) Act.
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