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of <h1>Tufted Cotton Bathmats Qualify for 5% Duty Credit as Handmade Products under ITC Codes 5703/5705.</h1> The circular addresses the eligibility of tufted cotton bathmats and bathrugs under ITC (HS) Codes 5703 or 5705 for duty credit scrips under the VKGUY/FPS of the Foreign Trade Policy. It clarifies that these products, although described as 'cotton powerloom tufted,' should be classified as handmade due to the manual processes involved. This classification allows them to qualify for a 5% duty credit under the Focus Product Scheme for exports from February 23, 2009, onward. Exporters must provide a self-declaration to confirm the handmade nature of the production process for shipments before January 12, 2010.
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