Representations have been received requesting to provide exemption from the above mentioned conditions on import of such textile and textile articles which are imported exclusively for export production.
2. In this regard, and in continuation to policy circular no. 3(RE-2001)/1997-2002 dated 07.06.2001 and policy circular no. 5(RE-2001)/1997-2002 dated 20.07.2001, it is hereby further clarified that the condition on import of textile and textile articles as per the aforementioned notification, shall not be applicable on imports made under provisions at paragraph 5.40 of Handbook of Procedures, Vol.I, 1997-2002 (incorporating amendments made upto 31.03.2001) and on imports made as per conditions at Sl. No. 130 of Notification no. 17/2001-customs dated 01.03.2001. Para 5.40 of Handbook of Procedures permits import of labels, price tags, printed bags etc. imported for export purposes without a license. Sl. No. 130 of customs notification no. 17/2001-customs dated 01.03.2001 permits duty free import of tags, labels, printed bags, stickers etc. by bona-fide exporters.
This issues with approval of Director General of Foreign Trade.
(O.P. Hisaria)
Dy. Director General of Foreign Trade