https://www.taxtmi.com/circulars?id=8456 Registration of export contracts for raw cotton requires e mail applications in the prescribed format; allocations are made pro rata with a per IEC ceiling and minimum floor, and prior non performance against EARCs reduces pro rata entitlement. Post allocation applicants must submit the export contract plus either a confirmed irrevocable Letter of Credit or bank FIRC evidencing required advance payment, IEC copy, and a signed declaration within a specified period, failing which they are declared ineligible and their allocation is reallocated. Non export within the stipulated time invites debarment and penal action under Section 11(2) of the FT(D&R) Act. en-us Wed, 29 Dec 2010 00:00:00 +0530 Thu, 30 Dec 2010 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8456 Registration of export contracts for raw cotton requires e mail applications in the prescribed format; allocations are made pro rata with a per IEC ceiling and minimum floor, and prior non performance against EARCs reduces pro rata entitlement. Post allocation applicants must submit the export contract plus either a confirmed irrevocable Letter of Credit or bank FIRC evidencing required advance payment, IEC copy, and a signed declaration within a specified period, failing which they are declared ineligible and their allocation is reallocated. Non export within the stipulated time invites debarment and penal action under Section 11(2) of the FT(D&R) Act. Circulars DGFT Wed, 29 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8456