Defaulters for failure to export of cotton in terms of Policy Circular No. 09 dated 29.12.2010 and Trade Notice No.01 dated 10.1.2011.

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..... To, Members of Trade All Regional Authorities of DGFT Subject : Defaulters for failure to export of cotton in terms of Policy Circular No. 09 dated 29.12.2010 and Trade Notice No.01 dated 10.1.2011. Trade Notice No. 01 dated 10.1.2011 was issued allocating a quantity of 19 lakh bales of cotton for export among 928 applicants for registration o .....

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..... e and they forfeit their right to seek further allocation. (Before issue of RC) ii) Para 3(vi) of Policy Circular No.9 through which it has been notified that failure to export the allocated quantity within stipulated time would invite debarment from further allocation. In addition penal action as per Section 11(2) of the FT (D R) Act would be initiated . (After issue of RC) iii) Note .....

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..... T. These RAs have prepared this information based on export documents submitted by the firms. 4. The exporters whose name appear in the Annexure-1 of this Trade Notice and have any objection with regard to (i) excess/ shortfall in exports or (ii) who have effected exports and submitted the documents within stipulated time, may approach the concerned RC issuing authority within 3 days alo .....

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