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EXCHANGE POLICY DEPARTMENT - 2009
EPD Circular Letter No. 01 February 04, 2009
COMPENSATORY SUPPORT (7.5% DUTY BORNE
BY THE POLYESTER INDUSTRY) ORDER, 2008
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Attention of Authorized Dealers is invited to EPD Circular Letter No. 09 dated November 08, 2008 enclosing therewith a copy of Ministry of Textile Industry’s SRO No. 1045(I)/2008 dated September 19, 2008, in terms of which Compensatory Support @ 7.5% as per prescribed procedure has been allowed to the existing PTA users or consumers as mentioned in the said SRO.
Now, Ministry of Textile Industry vide SRO No. 1299(I)/2008 dated December 22, 2008 has made certain amendments in its earlier SRO.
A copy of the SRO. No. 1299(I)/2008 containing revised/amended eligibility criteria, terms & conditions and procedure for filing claims for compensatory support, is enclosed for strict compliance by the Authorized Dealers.
Authorized Dealers are advised to bring the above to the notice of all their constituents.
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