Promotion Council for EOUs & SEZ Units
of Commerce and Industry, Govt. of India)
Bhikaiji Cama Bhawan, Bhikaiji Cama Place, New Delhi-110066
Tel : 011-26167042/ 26165805/26166185 Fax : 011-26165538
Email : firstname.lastname@example.org
CIRCULAR NO. 4
WASTAGE NORMS FOR THE EXISTING EOUs/SEZ YARN UNITS UNDER TEXTILE
EPC for EOUs and SEZ Units had organized a meeting with top EOUs/SEZ
units from all the Zones in Delhi on April 22, 2003. In this meeting
textile units had raised the issue relating to wastage norms for
cotton yarn units. It was pointed out that in the EXIM Policy, announced
on 31.3.03, Appendix 14-L relating to wastage norms has been deleted
and now wastage norms will be governed by standard input-output
norms as given in Handbook of Procedures Vol. II. This has affected
the cotton yarn adversely e.g. Appendix 14-L had provided wastage
norms for combed cotton yarn as 30% whereas standard input-output
norms provide the import of 1.22 Kg of raw cotton against export
of 1 Kg of combed cotton yarn.
issue was discussed in detail and Ministry of Commerce agreed to
re-consider the issue in the Board of Approval. Accordingly this
issue has been re-considered in the Board of Approval meeting held
on 23.6.03. Ministry of Commerce vide letter No. 14/5/2003-EOU dated
4.7.03 has informed to the Council that this issue was considered
in the Board of Approval Meeting held on 23.6.03 and it has been
clarified that the wastage norms already granted to the existing
EOUs/SEZ yarn units will continue.
will help the Textile sector EOUs/SEZ Units considerably.
is for information please.
(L. B. Singhal)