DGFT Issues Defaulters List of Cotton Quota Exporters for
Debarment to further Quotas
[DGFT Trade Notice No. 11 dated 29th June 2011]
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 of contracts. In terms
of Note (i) of Registration Certificate, the
exporters who have got Registration Certificates from the four Zonal offices of
DGFT at CLA Delhi, Mumbai, Kolkata & Chennai and DGFT(HQ)
were required to submit the proof of shipments within 10 days of last shipment.
2. The
data of export against RCs so issued and as submitted by exporters to
registering authorities has been compiled. As per the following provisions
relating to debarment from future allocation for export of cotton, the list of
defaulter’s has been prepared:
i) Para 3(v)
of the Policy Circular No.9, through which it was notified that the applicants
who fail to submit the required documents within stipulated time or where the
documents are found to be incorrect, shall be declared ineligible 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
(i) of Registration Certificate provided that failure
to export the full quantity within the validity period will attract action
under Section 11(2) of Foreign Trade(Development & Regulation) Act, 1992,
in addition to the applicant being debarred from further allocations.
3. The
firms whose name appear in the Annexure 1 to this Trade Notice are hereby
debarred from future allocation for export of cotton. The reasons for default
have been indicated against each of the firms. It may be noted that the names
of the firms who have exported upto 5% less/excess
than the allocated quantity (quantity taken in MTs & converted into bales;
1 bale = 170 Kg) have not been included in the list. The list has been prepared
based on export figures provided by concerned Regional Authority of DGFT. 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
along with all necessary documents for rectification of error, if any. The
concerned RC issuing authority will verify those documents and rectification,
if required, will be done. In case any representation is received, concerned
RAs are advised to examine the same and send its report to the undersigned
immediately, positively same day.
5. Penal
action as per section 11(2) of FT(D&R) Act is
being taken separately.
Annexure C_list of defaulters.doc List of 178 firms with IEC Code.