Duty free import of embellishments upto 3% of FOB value of exports permitted to exporters of Textile garments in terms of Entry S.No.156 and 156A of amended Notification No.17/2001 – reg

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....import of embellishments upto 3% of FOB value of exports permitted to exporters of Textile garments in terms of Entry S.No.156 and 156A of amended Notification No.17/2001 - reg. AEPC have reported to the Board that duty free clearance of embellishments under the subject scheme has been recently allowed by one of the Customs House on the basis of export performance certificate issued by AEPC and w....

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....titlement certificate issued by AEPC certifying the value and quantity of goods already imported under this scheme during the current financial year. The objective of specifying this condition in the notification is to ensure that the garment exporter is allowed duty free import of embellishments only up to the specified limit and there is no misuse. The job of AEPC is to certify export performanc....