FTP - Bonus Benefit to Silk Carpets
DGFT has amended Public Notice No:2(RE2010)/2009-14 dated 23rd August 2010.
Public Notice No:2 dated 23rd August 2010 had added table 7 in the Product Category under the Focus Product Scheme for granting bonus benefit to certain sectors for export made with effect from 1.4.2010. Sr no 156 of this table stipulated bonus benefit to silk carpets exported under ITC HS codes 57023920, 57024920,57025032, 57029920 and 57050011. In pursuance of the intention of the Government to grant bonus benefit to silk carpets, ITC HS code 57019090 having drawback code 570102 is deemed to have been added to this list for grant of bonus benefits for exports made with effect from 1.4.2010.
Now Bonus benefit under Focus Product Scheme available to silk carpets would also include such silk carpets exported under ITC HS code 57019090 with drawback code 570102 duly endorsed on the respective shipping bills. This will be with effect from 1.4.2010.
DGFT Public Notice No. 50/(RE-2010)/ 2009-14, Dated: May 27, 2011