9911796707
TMI BlogConditions and modalities for applications for grant of quota for export of cotton yarnX X X X Extracts X X X X X X X X Extracts X X X X ..... nsing. The data for export made from1/4/2010 to15/1/2011 is being collected and allocation will be made for the balance quantity keeping in view the decision of GoM to limit the export of cotton yarn to 720 Million Kg. during the year 2010-11. Accordingly, it has been decided to invite applications for allocation of quota for export of cotton yarn from 02.02.2011 to 07.02.2011 (till5.00 PM). 2. All applications for grant of quota shall be sent only through E-mail at [email protected]. Annexure-1 of this Policy Circular gives a sample email for the purpose. 3. Allocation will be made after scrutiny of applications, as per the following criteria:- (i) Allocation will be done on a prorata basis. The maximum that an applicant can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orizations would need to be completed before 31st March, 2011 so as to ensure export of 720 Million Kg. of cotton yarn as per GoM decision. (iv) Applicants who fail to submit the stipulated documents within prescribed time or where documents are found to be incorrect or erroneous, that applicant shall be declared ineligible. They will forfeit their right to seek further allocation. (v) Failure to export the allocated quantity within the stipulated time would invite debarment from further allocation. In addition, penal action as per Section 11(2) of the Foreign Trade(D&R) Act would be initiated. For ready reference Section 11(2) is extracted below:- "11(2). Where any person makes or abets or attempts to make any export or import in contr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... res (Example : 250,000 Kg.) Line 7 : Export quantity in Kg. in words (Example : Two hundred fifty thousand Kg.) Lines 8-15 : Any other information that the applicant wishes to submit. Lines 16-26 : Details of Applicant Line 16 : Name of the Applicant (in whose name IEC has been issued) (Example : ABC Exports) Line 17 : l Exact Postal Address Line 18 : l (Example: D-402, 1st Floor, Karim Nagar,New Delhi- 110010) Line 19 : l Line 20 : Phone Number(s) with STD Code (Example: 011-23456789) Line 21 : Fax Number (Example: 011-23456793) Line 22 : E-mail (Example : [email protected]) Line 23 : Alternative E-mail (Example : [email protected]) (Application must be from one of these two E-mails) Line 24 : Name of the authorised ..... X X X X Extracts X X X X X X X X Extracts X X X X
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