Clarification regarding certain issues relating to EPCG Scheme

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....cation regarding certain issues relating to EPCG Scheme. Sir, Attention is invited to Policy Circular No. 29 (RE-99)/99-2000 dated 19.8.1999 regarding clarification on certain issues relating to EPCG Scheme. 2. The Government has decided to fix a ceiling of 500 (Five hundred) million kg. for export of cotton yarn of 40s and below counts for the calendar year 2000. However, exemption of th....

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.... (i) Exports by EPCG Units which are licensed to manufacture and export cotton yarn without any count and/or the use of domestic cotton use condition, are exempted from the ceiling restriction to the extent of meeting their annualised export obligation fixed under the EPCG licence. (ii) EPCG units which are subject to restrictions pertaining to count/sourcing domestic cotton would be permitt....