https://www.taxtmi.com/circulars?id=11237 A final list of exporters declared defaulters for failure to export cotton is issued; 61 firms were removed after verification. Exporters listed may seek re-verification within 15 days by submitting documents to the RC-issuing authority for review. Firms exceeding the +/-5% tolerance may remove their names by paying a penalty of Rs. 10,000 plus 1% of the value of the shortfall beyond the 5% allowance. The annexure lists each firm's allocation, IEC, quantities, nature of default, and percentage shortfall or excess. en-us Wed, 10 Aug 2011 00:00:00 +0530 Thu, 12 Feb 2026 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11237 A final list of exporters declared defaulters for failure to export cotton is issued; 61 firms were removed after verification. Exporters listed may seek re-verification within 15 days by submitting documents to the RC-issuing authority for review. Firms exceeding the +/-5% tolerance may remove their names by paying a penalty of Rs. 10,000 plus 1% of the value of the shortfall beyond the 5% allowance. The annexure lists each firm's allocation, IEC, quantities, nature of default, and percentage shortfall or excess. Circulars DGFT Wed, 10 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11237