FTP – 26 percent of FOB value for Speciality Textile Products
DGFT has amended the General Note No.5 for Textiles (Product Code: J) in the Handbook of Procedures, Vol.2, 2009-2014.
The amended General Note 5 reads as,
"Wherever import of dyes is permitted, the same will be restricted to 12% of FOB value within the overall CIF value of the licence. Wherever, import of dyes and chemicals has been permitted, the same will be restricted to 14% of FOB value within the overall CIF value of the licence except in respect of J.28 where the same will be restricted to 16% of FOB value within the overall CIF value of the licence. For specialty textile products like Fire Retardant textile product as well as for Water, Oil and Stain repellant textile products, the same will be restricted to 26% of FOB value within the overall CIF value of the licence."
This means that the existing ceiling of 14% of FOB value within the overall CIF value of the licence will be enhanced to 26% of FOB value for specialty textile products like Fire Retardant textile product as well as for Water, Oil and Stain repellent textile products.
DGFT Public Notice No. 88/(RE – 2010)/2009-2014, Dated: December 27, 2011